Monthly Archives: October 2011

Pricing basics: "the price you can obtain for making something determines how much you can spend making it"

Aquí la entrada completa desde el Ludwig von Mises Institute

Extracto:

"Book buyers have been used to hardback books being the most expensive, with softcover versions being priced much less, while e-book versions are cheaper still.

This pricing scheme comports with David Ricardo's doctrine that the value of consumption goods are determined by the "cost of...
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