price charged
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price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
price — I (New American Roget s College Thesaurus) Something demanded in exchange Nouns 1. price, amount, cost, expense, prime cost, charge, figure, demand; fare, hire, bill, tab, rental; overhead, carrying charge or cost; rent charge, rackrent,… … English dictionary for students
Price signal — A price signal is message sent to consumers and producers in the form of a price charged for a commodity; this is seen as indicating a signal for producers to increase supplies and/or consumers to reduce demand.For example, in a free price system … Wikipedia
price leadership — A price charged by the dominant producer that becomes the price adopted by all the other producers. Bloomberg Financial Dictionary * * * price leadership price leadership ➔ leadership * * * price leadership UK US noun [U] ► MARKETING the fact of… … Financial and business terms
Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… … Wikipedia
Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
Price controls — may refer to:* Price ceiling, the maximum price that can be charged * Price floor, the minimum price that can be charged … Wikipedia
Price gouging — is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it… … Wikipedia
price-fixing — The organized setting of what the public will be charged for certain products or services agreed to by competitors in the marketplace in violation of the SHERMAN ANTI TRUST ACT (15 U.S.C.A. § 1 et seq.). Dictionary from West s Encyclopedia of… … Law dictionary
price ceiling — ➔ ceiling * * * price ceiling UK US noun [C] ► ECONOMICS, GOVERNMENT an upper limit set by a government on the price that can be charged for a product or service: »Recent increases in the price of gas have left many individuals asking for a price … Financial and business terms
