694 B
694 B
Occasional and Temporary Market Fluctuations
Definition
Short-term variations in market prices that primarily affect the wages and profit components of price, while having less impact on rent, which is more stable in both rate and value.
Source Chapter
Book I, Chapter 7
Context
Distinguished from permanent deviations, with the observation that "the occasional and temporary fluctuations in the market price of any commodity fall chiefly upon those parts of its price which resolve themselves into wages and profit."
Economic Domain
Exchange