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Unformatted text preview: financial collapse of the company. It is known that the price is formed from haggle of buyer and consumer, interaction of supply and demand. This price appears in the result of ascertainment balance of opposite trends: the wants of one side to sell the goods more expensive and the other side to buy cheaper. We cant imagine trade without realization of principals of competition. Market mechanism doesnt work without competition. It is extremely necessary to avoid monopolization. Competition is the most efficient and valid means for stimulation of business activity, using the progress of scientifically technical progress, the growth of goods quality, satisfaction of constantly changing wants of buyers....
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This note was uploaded on 10/19/2008 for the course ECON 201 taught by Professor Shea during the Fall '08 term at Maryland.
- Fall '08