Fundamentals of Economic Analysis: A Causal-Realist Approach

3. The Determination of Prices

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What determines market prices? Buyers and sellers must know of feasible trades. They can learn from their mistakes. They prefer higher profits to lower profits. They think in discreet terms. Both participants win in market exchanges.
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Fundamentals of Economic Analysis: A Causal-Realist ApproachBy Joseph T. Salerno
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