The Labour Movement
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In our eReader you can find the full English version of the book. Read The Labour Movement Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Labour Movement
What reading level is The Labour Movement book?
To quickly assess the difficulty of the text, read a short excerpt:
on the price of IS. 3d.— roughly, 66 per cent, on his outlay.
' Suppose, e.g., you can sell 60 lb. at is. 3d. your total return is £3 15s., and suppose you could only get off 40 lb. at is. 6d.
you could get only £3 at that price, while again 70 lb. at is.
gives you £3 los. In such a condition of the market — assuming that you have 60 lb. or more on your hands — is. 3d. gives you the best return.
7 98 THE LABOUR MOVEMENT Another, by ill-luck or mismanagement, ifihds it costs him 2s. to bring the... selfsame fish to the selfsame market, and his time, labour, and anxiety are rewarded by a loss of some 37 per cent, on his transaction. Nevertheless, notice, he will not be able to sell one penny higher than his neighbour, or, if he does, he will only lose the more, suppos- ing IS. 3d. to be the equilibrium price.
Now, the question is. What is to become of this man, supposing his ill-luck or mismanagement to continue? It is clear that he must eventually go under water, and that the longer he struggles the worse off he will be.
What to read after The Labour Movement?
You can find similar books in the "Read Also" column, or choose other free books by Hobhouse, L. T. (Leonard Trelawny), 1864-1929 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
on the price of IS. 3d.— roughly, 66 per cent, on his outlay.
' Suppose, e.g., you can sell 60 lb. at is. 3d. your total return is £3 15s., and suppose you could only get off 40 lb. at is. 6d.
you could get only £3 at that price, while again 70 lb. at is.
gives you £3 los. In such a condition of the market — assuming that you have 60 lb. or more on your hands — is. 3d. gives you the best return.
7 98 THE LABOUR MOVEMENT Another, by ill-luck or mismanagement, ifihds it costs him 2s. to bring the... selfsame fish to the selfsame market, and his time, labour, and anxiety are rewarded by a loss of some 37 per cent, on his transaction. Nevertheless, notice, he will not be able to sell one penny higher than his neighbour, or, if he does, he will only lose the more, suppos- ing IS. 3d. to be the equilibrium price.
Now, the question is. What is to become of this man, supposing his ill-luck or mismanagement to continue? It is clear that he must eventually go under water, and that the longer he struggles the worse off he will be.
What to read after The Labour Movement?
You can find similar books in the "Read Also" column, or choose other free books by Hobhouse, L. T. (Leonard Trelawny), 1864-1929 to read onlineMoreLess
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