Excerpt from The Demand and Supply Concepts; An Introduction to the Study of Market Price: A Dissertation Submitted to the Faculty of the Graduate School of Arts and Literature in Candidacy for the Degree of Doctor of Philosophy (Department of Political Economy)
The present work has been undertaken in the belief that the existing status of economic theory calls urgently for the restatement of economic concepts and for the revision of fundamental economic problems. In the world of business and industry most essential changes have been wrought out in the past half-century.
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