Talen

Toetsenbord

Pagina 306 van 2651

Auteur: Adam Smith

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The variations in the market price of such commodities,
therefore, can arise only from some accidental variation in the
demand. A public mourning raises the price of black cloth. But as
the demand for most sorts of plain linen and woollen cloth is
pretty uniform, so is likewise the price. But there are other
employments in which the same quantity of industry will not
always produce the same quantity of commodities. The same
quantity of industry, for example, will, in different years,
produce very different quantities of corn, wine, hops, sugar,
tobacco, etc. The price of such commodities, therefore, varies
not only with the variations of demand, but with the much greater
and more frequent variations of quantity, and is consequently
extremely fluctuating; but the profit of some of the dealers must
necessarily fluctuate with the price of the commodities. The
operations of the speculative merchant are principally employed
about such commodities.

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