MARK BARNES: The beauty of fair market value and fixing our own problems

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इंडिया समाचार समाचार

Though dominance often results in consumer exploitation, the answer is innovation, not more rules

The beauty about dealing at fair market value is that, in an honest and competitive ecosystem, it requires neither policing nor enforcement.

As we all learnt in Economics 101, price is determined where supply and demand intersect. It really is that logical and simple if left to its own devices. Supply-demand curves, and their intersections, are axiomatic to the laws of fair trade, and beyond that into all walks of life, including personal relationships. Correctly anticipating forward supply and demand is the cornerstone of success or failure in commercial projects, and how best to fund them...

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

G2B marketplaces could contribute to more transparency and competition in government procurement. Probably not in the interest of the present [corrupt] SA gov, but a potential selling point for opposition parties?

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

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