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English words and Examples of Usage
use "artificially low " in a sentence
The price of food in this country is kept artificially low by government subsidies.
During the studio era of the 1930s and '40s, talent costs were kept artificially low by a code negotiated between producers and actors at the depth of the Depression as part of FDR's National Recovery Act.
For as we said that it seemed clearly right to prevent the Church property of Ireland from being all taken for the benefit of the Church of a small minority, so it seems clearly right that the poor man should eat untaxed bread, and, generally, that restrictions and regulations which, for the supposed benefit of some particular person or class of persons, make the price of things artificially high here, or artificially low there, and interfere with the natural flow of trade and commerce, should be done away with.
Besides fixing prices, limiting outputs, cornering the market, contracting in restraint of trade, and acting or contracting with the purpose of gaining a monopoly-all of which were objectionable at common law-we have legislated in some States against the securing of discriminatory railway rates for the purpose of establishing a monopoly, and against what we have termed "unfair competition"-that being generally defined to be the making of an artificially low price in a certain locality for the purpose of destroying a competitor, or the making of exclusive contracts, that is to say, refusing to deal with a person unless he binds himself not to deal with anybody else.
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