المستخلص: |
There is an agreement that the just price is the price that satisfies both the seller and the buyer. The idea of a just price is an old idea, which has sprung up in other periods. Free market advocates believe that as long as the equilibrium price is acceptable to both parties to the deal, it is a just price. But they ignored the fact that acceptance of the transaction does not mean satisfaction. The person can accept the transaction because of the need for the product, for example, and therefore this does not mean that he is satisfied with it. Hence, the justice of the equilibrium price is in the range of arrows of doubt. In fact, we see demonstrations coming out even in Europe to object to price rises, which means they are dissatisfied with them and thus question the fairness of prices calculated by the equilibrium price of free market economies. This research will be conducted around the answer to two questions: Is the equilibrium price determined by the intersection of supply and demand a fair price? If this price is not fair, how can we estimate the just price?
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