... attempt to substitute for the subjective valuation of the consumer as a basis of exchange an external social standard. The more highly differentiated the scale of commodities is, the more accurately will it be possible for the individual consumer... An Approach to Business Problems - Page 231by Arch Wilkinson Shaw - 1916 - 332 pagesFull view - About this book
| Arch Wilkinson Shaw - Business & Economics - 1915 - 136 pages
...will it be possible for the individual consumer to satisfy his varied material wants. The distributor who is successful in establishing a differentiated...competition as he has is the indirect competition of the staple commodity of like nature. His monopolistic position often enables him to obtain temporarily... | |
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