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Preferences of all consumers - all people, value always carry Relative, subjective and terrestrial character, they never happen Absolute, objective and divine.It is necessary to understand clearly that in the market company organised on a basis
Free enterprise and a private property on means Productions, find the prices of the consumer blessings true and exact enough
Reflexion in the prices of the various factors which are required for their production. Such
Possibility by exact account appears in the image to find out, what from Boundless set of conceivable processes of production are more, and What - less favourable. "More favourable" means thereupon use These factors of production in such a manner that production of the consumer The blessings more insistently required by consumers, advantage gets on
To comparison with production of the goods which are less insistently required by consumers.
The value of engineering gives the chance to business to adapt production to To inquiries of consumers. On the contrary, at any of socialism versions The central controls are not able to make
Values of engineering. There, where there is no market and, hence, there are no market prices,
They cannot become a basis for accounts. Completely to understand mentioned problems, we should try To understand the nature and a profit source. In hypothetical system where all is invariable, at all would not be any Profits and losses. In such static world where there is nothing new and All economic conditions constantly remain same, a total sum
Costs of the manufacturer on acquisition of factors of production necessary for it
It would be equal to the price which it receives for the product. The prices which it is necessary
To pay for material factors of production, wages and percent on
The borrowed capital would absorb all price of a product. On a share of profit of anything
Would not remain. It is obvious that in such system there would be no need in
Businessmen also there would be no economic functions for profit. If Today the same is made, as yesterday, and ten years ago, and if all the same Most will proceed eternally, if neither in the offer, nor in demand and on Consumer and for the industrial blessings, in technological methods not Occurs any changes if all prices are stable - for To enterprise activity does not remain places. But the real world is the world of constant changes. A population, tastes
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