Posts Tagged ‘Free To Choose’

  • 15747_7.7_000004061067XSmall

    A Pencil, An Apple, and a Price System

    Jul 7, 10 • 222 Views • Demand, Supply, and Markets, Economic ThinkersNo Comments

    I suspect we take prices for granted. Please think for a moment about a $10 pair of shoes. As a consumer, that $10 price tag tells you that they are inexpensive and you won’t have to sacrifice very much to buy them. Correspondingly, seeing the same