smith quotes Monopoly...is a great enemy to good management. The riches of Nations, Book I Chapter XI Part I p148 The monopolists, by keeping the market constantly understocked, by never blanket(a) supplying the effectual demand, sell their commodities oftentimes above the voluntary price. The Wealth of Nations, , Book I, Chapter VII, p63 The price of monopoly is upon every occasion the highest which privy be got.
The Wealth of Nations, , Book I, Chapter VII, p63 People of the same shift wind seldom meet together, even for merriment and diversio n, provided the chat ends in a conspiracy against the public, or in few contrivance to raise prices. It is impossible indeed to forestall such meetings, by any jurisprudence which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes tack together, it ought to do nothing to facilitate such assemblies; much slight to render them necessary. ...If you want to get a wide of the mark essay, severalize it on our website: OrderCustomPaper.com
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