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.
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Famous quotes containing the words fixed, price, free and/or systems:
“Nothing stands out so conspicuously, or remains so firmly fixed in the memory, as something which you have blundered.”
—Marcus Tullius Cicero (106–43 B.C.)
“No performance is worth loss of geniality. ‘Tis a cruel price we pay for certain fancy goods called fine arts and philosophy.”
—Ralph Waldo Emerson (1803–1882)
“When the passage “All men are born free and equal,” when that passage was being written were not some of the signers legalised owners of slaves?”
—Herman Melville (1819–1891)
“Our little systems have their day;
They have their day and cease to be:
They are but broken lights of thee,
And thou, O Lord, art more than they.”
—Alfred Tennyson (1809–1892)