Fixed Price Versus Free Price Systems
A price system may be either a fixed price system where prices are set by the government or it may be a free price system where prices are left to float freely as determined by unregulated supply and demand. Or it may be a combination of both with a mixed price system.
Read more about this topic: Price System
Famous quotes containing the words fixed, price, free and/or systems:
“Popular culture entered my life as Shirley Temple, who was exactly my age and wrote a letter in the newspapers telling how her mother fixed spinach for her, with lots of butter.... I was impressed by Shirley Temple as a little girl my age who had power: she could write a piece for the newspapers and have it printed in her own handwriting.”
—Adrienne Rich (b. 1929)
“When rich villains have need of poor ones, poor ones may make what price they will.”
—William Shakespeare (15641616)
“The awakening of the people of China to the possibilities under free government is the most significant, if not the most momentous, event of our generation.”
—Woodrow Wilson (18561924)
“Before anything else, we need a new age of Enlightenment. Our present political systems must relinquish their claims on truth, justice and freedom and have to replace them with the search for truth, justice, freedom and reason.”
—Friedrich Dürrenmatt (19211990)