- UID
- 1539862
- 在线时间
- 小时
- 注册时间
- 2023-3-7
- 最后登录
- 1970-1-1
- 主题
- 帖子
- 性别
- 保密
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market trade+ prices: personal interest into harmony with general welfare
-voluntary exchange channels: individual desires "invisible hand"
market prices direct satisfy needs of others:
-producers: prices satisfy want in least costly way
-consumers: price up, buy down
-economizing good scarce; buy more when plentiful
energy market: consumer choose use, high/low preference
-decisions reflect prices
decisions influence decisions of others:
-consumer choice electricity consumption
-how much alu
-which producers
Alum produce require large quantity of electricity:
-high electric prices, high Alu price
-producer conserve electricity advantage
-consumer move sales away from expensive energy, inefficient
-towards conserve substitute, efficient |
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