[OPE] Vicenç on Sraffian output prices

From: Jurriaan Bendien <jurriaanbendien@online.nl>
Date: Wed Feb 09 2011 - 06:57:23 EST

(Vicenç Meléndez sent me this comment):

> If you allow me a comment i would say:
>
> I agree that production prices are theoretical (and relative) prices.
>
> In the case of Sraffa there is no mention of demand and supply and
> the prices are formed regardless of the quantity produced. There is
> no average rate of profit but a rate of profit compatible with
> relative prices. See Sinha
> (http://wwwdocs.fce.unsw.edu.au/economics/Research/Heterodox/WorkingPapers/2007-11.pdf).
>
> Glad to read your comments.
>
>
> Vicenç Meléndez

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Received on Wed Feb 9 06:58:41 2011

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