A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price". However, if the product is "service", there will be other possible names for this product's name. For example, the graph on the bottom will show some situations A good's price is influenced by production costs, supply of the desired item, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions.
Price can be quoted to currency, quantities of goods or vouchers

In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.)
Although prices could be quoted as quantities of other goods or services, this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouchers such as trading stamps and air miles.
In some circumstances, *********s have been used as currency, for example in prisons, in times of hyperinflation, and in some places during World War II. In a black market economy, barter is also relatively common.In many financial transactions, it is customary to quote prices in other ways. The most obvious example is in pricing a loan, when the cost will be expressed as the percentage rate of interest. The total amount of interest payable depends upon credit risk, the loan amount and the period of the loan. Other examples can be found in pricing financial derivatives and other financial assets. For instance the price of inflation-linked government securities in several countries is quoted as the actual price divided by a factor representing inflation since the security was issued.
"Price" sometimes refers to the quantity of payment requested by a seller of goods or services, rather than the eventual payment amount. This requested amount is often called the asking price or selling price, while the actual payment may be called transaction price or traded price. Likewise, the bid price or buying price is the quantity of payment offered by a buyer of goods or services, although this meaning is more common in asset or financial markets than in consumer markets.
Economic price theory asserts that in a free market economy the market price reflects interaction between supply and demand: the price is set so as to equate the quantity being supplied and that being demanded. In turn, these quantities are determined by the marginal utility of the asset to different buyers and to different sellers. Supply and demand, and hence price, may be influenced by other factors, such as government subsidy or manipulation through industry collusion.
When a raw material or a similar economic good for sale at multiple locations, the law of one price is generally believed to hold. This essentially states that the cost difference between the locations cannot be greater than that representing shipping, taxes, other distribution costs and more.

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  1. K

    Help Website price para sa client

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    Sniper 150 2017 v1 asking price

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    Help Legit and low price External HDD

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  5. P

    Big-time fuel price hike seen next week

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  6. Z

    Trivia Lower Tariff = Lower Price of Rice?

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    Ps4 jailbreak price?

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  8. L

    What do you think if price of airplane travel is made by weight of passanger instead of seat? Filipino is smaller than other nations but there is a flat price , if you bring a bag you pay extra depending on your bag weight but if a 60kg person come on airplane and 150kg person they will pay the same price because...
  9. M

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  10. G

    Help Para sa price na 4,249 goods napo ba itong inorder namin na phone?

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  11. N


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  16. L

    For Sale Ml account last price

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  17. C

    Help 8k price naka i7 11th gen na laptop. Too good to be true ba?

    Mga boss sa tingin niyo scam ba to? Ano ba dapat malaman para iwas scam?
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    Help Best 5G modem ano recommended niyo mga kuys (Any price)

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    Crypto Data Ownership Protocol (DOP) prediction price

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  20. R

    Help Help Microsoft Face Recognition API

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    Help Ask for proper price

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    Help Hello ka pc and phc users is this good for the price?

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  25. E

    Goods na bato for Price?

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    Help Hello ka ph pa price check naman if it's bang for the buck ehhehe

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    Gaming phone na maganda para sa farlight 5k to 20k price range

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    Help Goods po ba to laptop sa price nya?

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    Tutorial Failed Final Flag on TR (Al brooks)

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  41. M

    Price reveal muna bago sagutin ang tanung

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Did you know?

Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.

Lenders want to make sure all their bases are covered before they extend you credit. That means they may look at factors other than your credit score to determine whether to lend you money. Your employment status also can play a role: If your income is too low or you haven’t been at your current workplace long, those factors could weigh against you.

Errors can come in a variety of forms. You may not have been credited for a payment you made, or you may have been charged for a purchase you didn’t make. A debt might be listed more than once, or your balance might be wrong.