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Some evidence on factor intensity and price rigidity

✍ Scribed by Ekaterina Peneva

Book ID
113700426
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
218 KB
Volume
35
Category
Article
ISSN
0165-1889

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## Abstract The marketplace, along with its price system, is the single most important institution in a western‐style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently, and that ability lies behind the magi