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Wednesday, February 6, 2008

By the goods its value estimated in money, or the sum of money for which it will exchange intends



By the goods its value estimated in money, or the sum of money for which it will exchange intends. Replaceable value of consumer goods depends in any given period partially on the expense of manufacture and partially on the supply and demand relation. The prices are mentioned by creation of monopolies, opening of the new markets, difficulty of usual channels of commercial relations, and expectation of these and other reasons. It is business of the dealer to acquaint itself with each circumstance mentioning the prices of the goods in which it deals.




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