Price System - Fixed Price Versus Free Price Systems

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:

    Since an intelligence common to us all makes things known to us and formulates them in our minds, honorable actions are ascribed by us to virtue, and dishonorable actions to vice; and only a madman would conclude that these judgments are matters of opinion, and not fixed by nature.
    Marcus Tullius Cicero (106–43 B.C.)

    And is the price for your acceptance for me to conform? To be as you would want me to be?... You must accept me as I am. Do not question.... If my behavior seems different perhaps it is because it serves a higher purpose than to find acceptance in this dull and useless world.
    Pat Fielder, and Paul Landres. Dracula (Francis Lederer)

    Other roads do some violence to Nature, and bring the traveler to stare at her, but the river steals into the scenery it traverses without intrusion, silently creating and adorning it, and is as free to come and go as the zephyr.
    Henry David Thoreau (1817–1862)

    People stress the violence. That’s the smallest part of it. Football is brutal only from a distance. In the middle of it there’s a calm, a tranquility. The players accept pain. There’s a sense of order even at the end of a running play with bodies stewn everywhere. When the systems interlock, there’s a satisfaction to the game that can’t be duplicated. There’s a harmony.
    Don Delillo (b. 1926)