He called them Indians because he thought he had landed in India.
<span>The
mechanism establishing natural price by Adam Smith connects with effective
demand and free competition. If you cut the supply of goods, the demand for
them is higher. Because of this, there competition between buyers. Afraid not
get the right product, they agree to buy it at a higher cost. The market price
will rise. When supply and demand are roughly equal, the market value
corresponds to approximately natural.</span>
