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Interesting Findings And World Unfolding Through My Eyes.

Monday, January 22, 2007

Is Free Market Induces Greed?

Smiths model depend on the greed of sellers to offer more goods when profit margins are high.The increased supply in free market( like the nails) drives down prices and marigns and therefore greed serves general the absence of all the free market conditions ,greed becomes rapacity.

Posted by Ajay :: 11:22 AM :: 0 comments

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