Austrian Economics, a lens on everyday reality Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Austrian Economics, a lens on everyday reality

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wildstar who wrote (295)	11/16/2003 12:02:05 AM
From: Don Lloyd	Read Replies (1) of 445

Wildstar, So, the mechanism behind how prices for non-specific factors of production are 'imputed' from the price of consumer goods those factors help create is that the marginal buyer of the non-specific factor of production must pay a low price for the factor in order to stay solvent? I think so. In order to be the marginal buyer, a higher price must drive him from the market. Is the marginal buyer of the factor of production also the marginal seller of the consumer good? Maybe. I want to say yes, but I don't trust the fuzzy state of my brain. Regards, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next