...the amount of labor socially necessary, or the labor-time socially necessary for its production." * may, indeed, for a time, affect the market value of...greater or less abundance, according as the demand may be increased or diminished ; but this effect will be only of temporary duration. . . . The prices of...

...Production, in Its Relation to Value." EXTRACTS FROM READINGS. Cost, Not Quantity, Determines Value. " It is the cost of production which must ultimately...not, as has been often said, the proportion between supply and demand; the proportion between supply and demand may, indeed, for a time, affect the market...

...cost of production which must ultimately regulate the priee of commodities, and not, as has been oCten said, the proportion between the supply and demand...between supply and demand may, indeed, for a time, aflect the market value of a commodity, until it is supplied in greater or less abundance, according...

...», on n'entende « illimité, indéterminé «). — P. 232 : It is the cost of production whicli must ultimately regulate the price of commodities,...between supply and demand may, indeed, for a time, aflect the market value of a commodity, until it is supplied in greater or less abundance, according...

...phrase, à moins que par » limited », on n'entende « illimité, indéterminé »). — P. 232 : It is the cost of production which must ultimately...proportion between the supply and demand : the proportion hetween supply and demand may, indeed, for a time, affect the market value of a commodity, until it...

...mera påtagligt fördelningsschema i öfverensstämmelse med den af honom uttalade uppfattningen, att »it is the cost of production which must ultimately regulate the price of commodities.» *) I sina Principles framställer han nämligen först i kapitlet »On rent» lagen för jordräntan...

...quadrupled," 5 prices tend to be the same if costs of production remain the same. Now, as in the normal case, "it is the cost of production which must ultimately regulate the price of commodities." 6 Only the regulating cost of production is not now, as usually to be understood, the total cost, but...

...manufacturers or fifty. CHAPTER XXX.— ON THE INFLUENCE OF DEMAND AND SUPPLY ON PRICES. §136. TT is the cost of production which must ultimately regulate...but this effect will be only of temporary duration. Dimmish the cost of production of hats, and their price will ultimately fall to their new natural price,...

...4 prices tend to be the same if costs of production remain the same. Now, as in the normal case, " it is the cost of production which must ultimately regulate the price of commodities." 5 Only the regulating cost of production is not now, as usually to be understood, the total cost, but...

...respective quantities which may be produced, nor the competition amongst the purchasers" (p. 208). "It is the cost of production which must ultimately...but this effect will be only of temporary duration" (p. 232). 6 In other words, it is only "natural value," which we recognize to be what is better called...