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Worldwalker · 06-02-2010, 08:40 PM

The "invisible hand" of the market that would push it to that equilibrium cannot function in the absence of competition -- for instance, in the case of a cartel.

06-02-2010, 08:40 PM	#49
Worldwalker Curmudgeon Posts: 3,085 Karma: 722357 Join Date: Feb 2010 Device: PRS-505	The "invisible hand" of the market that would push it to that equilibrium cannot function in the absence of competition -- for instance, in the case of a cartel.