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:
“The body is but a pair of pincers set over a bellows and a stewpan and the whole fixed upon stilts.”
—Samuel Butler (1835–1902)
“Forced from home, and all its pleasures,
Afric’s coast I left forlorn;
To increase a stranger’s treasures,
O’er the raging billows borne.
Men from England bought and sold me,
Paid my price in paltry gold;
But, though theirs they have enroll’d me,
Minds are never to be sold.”
—William Cowper (1731–1800)
“... the most important effect of the suffrage is psychological. The permanent consciousness of power for effective action, the knowledge that their own thoughts have an equal chance with those of any other person ... this is what has always rendered the men of a free state so energetic, so acutely intelligent, so powerful.”
—Mary Putnam Jacobi (1842–1906)
“What avails it that you are a Christian, if you are not purer than the heathen, if you deny yourself no more, if you are not more religious? I know of many systems of religion esteemed heathenish whose precepts fill the reader with shame, and provoke him to new endeavors, though it be to the performance of rites merely.”
—Henry David Thoreau (1817–1862)