AgTalk Home
AgTalk Home
Search Forums | Classifieds (3) | Skins | Language
You are logged in as a guest. ( logon | register )

Price curbs demand
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
white shadow
Posted 5/19/2019 16:20 (#7505804 - in reply to #7505511)
Subject: The function of price.......



East Central South Dakota
The function of price is to curb demand to meet the available supply------------this is the basic foundation of our market. I will concede Government influence has had an affect on the basic principle and sometimes distorts the true market---short term. But, in general I believe in this basic premise which is the foundation of a free market......

Prevent Plant, CRP, farm bill could all be argued as market distortions, but in the long run the market adjusts and price elasticity in regards to demand holds true.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)