Demand and Supply
In: Routledge Revivals Ser.
Cover -- Half Title -- Title -- Copyright -- Original Title -- Original Copyright -- Dedication -- Preface -- Contents -- 1 CONSUMER DEMAND -- 1.1. The demand for margarine -- 1.2. The demand curve and its elasticity -- 1.3. Income elasticity and price elasticity -- 1.4. Quality change - newspapers as an example -- 1.5. Durable consumer goods -- 2 DISTRIBUTORS' MARGINS ON CONSUMER GOODS -- 2.1. The nature of retail margins -- 2.2. Differences in margins between products -- 2.3. Differences in margins between shops -- 2.4. Differences in margins between trades -- 3 PRODUCER DEMAND -- 3.1. The determinants of derived demand -- 3.2. Substitution and output effects -- 3.3. Demand for capital goods -- 3.4. An example - farm tractors -- 4 COSTS -- 4.1. Cost differences between plants - coal mining as an example -- 4.2. Further examples -- 4.3. Economies of scale -- 4.4. Airlines as an example -- 4.5. Depreciation and different cost concepts -- 5 COMPETITION -- 5.1. Different kinds of competition -- 5.2. Free entry and its implications -- 5.3. Retailing as an example -- 5.4. Impediments to adjustment -- 5.5. The analysis of accounting data about profits -- 5.6. Bus companies as an example -- 6 EQUILIBRIUM, PRICES, DEMAND AND SUPPLY -- 6.1. Equilibrium as an analytical device -- 6.2. Empirical approaches -- 6.3. The importance of factors other than price -- 6.4. The complexity of prices -- 6.5. Pricing policy of the Metal Box Company -- 6.6. Coffee prices -- 6.7. The variability of pricing policy between industries -- 6.8. The difficulties of empirical studies -- 6.9. More about factors other than price -- 6.10. The supply curve and its elasticity -- 6.11. Prices, information and incentive -- 7 DEMAND AND SUPPLY IN LABOUR MARKETS -- 7.1. Low paid workers -- 7.2. Wage relativities within a trade -- 7.3. University teachers.