TL;DRAbstract
Economists understand by the term market, not any particular market place in which things are bought and sold, but the whole of any region in which buyers and sellers are in such free intercourse with one another that the prices of the same goods tend to equality, easily and quickly.Augustin Cournot
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Economists understand by the term market, not any particular market place in which things are bought and sold, but the whole of any region in which buyers and sellers are in such free intercourse with one another that the prices of the same goods tend to equality, easily and quickly.Augustin Cournot
Keywords
Cournot competitionProduction (economics)EconomicsMicroeconomicsCommerce
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