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- Administered_prices abstract "Administered Prices refer to prices of goods set by the internal pricing structures of firms which take into account cost rather than through the market forces of supply and demand and predicted by classical economics. Administered prices were first described by institutional economists Gardiner Means and Adolf A. Berle in their 1932 book The Modern Corporation and Private Property. As Means argues in 1972: “Basically, the administered-price thesis holds that a large body of industrial prices do not behave in the fashion that classical theory would lead one to expect. It was first developed in 1934–35 to apply to the cyclical behavior of industrial prices. It specifically held that in business recessions administered prices showed a tendency not to fall as much as market prices while the recession fall in demand worked itself out primarily through a fall in sales, production, and employment.”".
- Administered_prices wikiPageID "23798517".
- Administered_prices wikiPageLength "5988".
- Administered_prices wikiPageOutDegree "15".
- Administered_prices wikiPageRevisionID "681679224".
- Administered_prices wikiPageWikiLink Adolf_A._Berle.
- Administered_prices wikiPageWikiLink Category:Economics.
- Administered_prices wikiPageWikiLink Classical_economics.
- Administered_prices wikiPageWikiLink Cost.
- Administered_prices wikiPageWikiLink Eurozone.
- Administered_prices wikiPageWikiLink Gardiner_Means.
- Administered_prices wikiPageWikiLink Institutional_economics.
- Administered_prices wikiPageWikiLink Market_(economics).
- Administered_prices wikiPageWikiLink Markets.
- Administered_prices wikiPageWikiLink Markup_(business).
- Administered_prices wikiPageWikiLink Nominal_rigidity.
- Administered_prices wikiPageWikiLink Price_controls.
- Administered_prices wikiPageWikiLink Supply_and_demand.
- Administered_prices wikiPageWikiLink The_Modern_Corporation_and_Private_Property.
- Administered_prices wikiPageWikiLinkText "Administered prices".
- Administered_prices wikiPageWikiLinkText "administered prices".
- Administered_prices wikiPageWikiLinkText "mark-up pricing".
- Administered_prices hasPhotoCollection Administered_prices.
- Administered_prices wikiPageUsesTemplate Template:Instecon.
- Administered_prices wikiPageUsesTemplate Template:Reflist.
- Administered_prices subject Category:Economics.
- Administered_prices comment "Administered Prices refer to prices of goods set by the internal pricing structures of firms which take into account cost rather than through the market forces of supply and demand and predicted by classical economics. Administered prices were first described by institutional economists Gardiner Means and Adolf A. Berle in their 1932 book The Modern Corporation and Private Property.".
- Administered_prices label "Administered prices".
- Administered_prices sameAs m.06zk4xz.
- Administered_prices wasDerivedFrom Administered_prices?oldid=681679224.
- Administered_prices isPrimaryTopicOf Administered_prices.