Subject Description


Price and value

OCM Identifier


Subject Description

Relation of economic values to other systems of value; factors determinative of price and value (e.g., abundance and scarcity, utility, cost of production, precedent); customary prices and conventional values; competitive prices; monopoly prices; price fixing; black market prices; price levels; prices of particular goods (e.g., in money, in purchasing power); etc.

Exchange and transfers

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