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 word obligation is very seldom in my thoughts, and consequently very seldom is it uttered by my tongue. For I am satisfied that whoever hath the word obligation continually in his mouth hath the love of tyranny steadily fixed in his heart.”
—Sarah Fielding (17101768)
“Money won is twice as sweet as money earned.”
—Richard Price (b. 1949)
“A distinction of property results from that very protection which a free Government gives to unequal faculties of acquiring it.”
—James Madison (17511836)
“The geometry of landscape and situation seems to create its own systems of time, the sense of a dynamic element which is cinematising the events of the canvas, translating a posture or ceremony into dynamic terms. The greatest movie of the 20th century is the Mona Lisa, just as the greatest novel is Grays Anatomy.”
—J.G. (James Graham)