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Price

The value of a thing with real or perceived worth. Price represents the amount of value the market has assigned, fairly or unfairly, to a good or service. Normally, prices are expressed in terms of money, but practices such as countertrade and PIK securities indicate that prices may be expressed in goods: "four chickens for two sheep." Price is a necessary component of trade.

Prices tend to be regulated by the law of supply and demand; that is, a price of a good or service increases with smaller supply and/or greater demand. A corollary to this is the idea that commoditization drives prices down because it increases supply (sometimes vastly) while leaving demand the same. Prices likewise rise when the value of money declines. Governments can and have controlled the prices of certain goods and services by subsidy or decree. This is usually an anti-inflationary measure and tends to distort, rather than eliminate, the law of supply and demand. It is thus not generally sustainable as a mechanism for controlling price.

price

The dollar amount at which a security trades. Stocks are nearly always quoted fully (that is, $25 means $25 per share), while bonds are ordinarily quoted as a percentage of par value (that is, 98 represents $980 per $1,000 par bond).

price

the money value of a unit of a GOOD, SERVICE, FINANCIAL SECURITY or ASSET which a buyer is required to pay a seller to purchase the item. Usually the price of a product is fixed by the seller in advance on the basis of the costs of producing and selling the product and the seller's desired profit margin. In other cases, however, prices are variable, being determined by prevailing demand and supply conditions as with the sale, for example, of a STOCK or SHARE, a house or items sold at an auction.

Because a purchase involves a money outlay on the part of buyers who operate within a budget constraint, the price of a product is an important factor in the buying decision. It may well be the paramount consideration in many cases, but for some purchases other elements in the MARKETING MIX (product quality and performance etc.) may be equally if not more important. Thus, although many products (especially COMMODITY-TYPE PRODUCTS) tend to be sold at low, competitive prices, many others can be sold at higher prices, providing customers with a variety of price-quality trade-offs and other product attributes. See MARKET STRUCTURE, MONOPOLY, BUYER'S MARKET, SELLER'S MARKET, PRICING, PRICING OBJECTIVES, PRICING METHODS, FOUR P'S OF MARKETING.

price

the money value of a unit of a GOOD, SERVICE, ASSET or FACTOR INPUT. In some markets (for example, see PERFECT COMPETITION), price will be determined entirely by the forces of DEMAND and SUPPLY. By contrast, in other markets (for example, MONOPOLY markets) powerful suppliers have considerable discretion over the price that they charge. In certain circumstances, prices may be subjected to governmental PRICE CONTROL or regulated by means of PRICES AND INCOMES POLICY. See also EQUILIBRIUM MARKET PRICE, ADMINISTERED PRICE.

price

An amount of money exchanged for something of value.

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No Price Increase for Business or Residential Optimum Online(R) High-Speed Internet and Optimum Voice(R) Digital Voice-Over-Cable Customers - Fourth Year Without Price Increase for These Top-Rated and Popular Services
According to the NFU report, without price increases the industry will not have the capacity to make the reinvestment needed for the future to provide an efficient and dynamic dairy sector.
However, at a cost of over $6,400 per year, ADAP can no longer afford to pay for this and other Abbott drugs without price relief.
com/2013/04/16/att-samsung-galaxy-s-4-pre-order) screen captures of the page have already surfaced , our page is coming up without price information or the "Pre-Order Now option.
The agreements as written would allow registry operators to set registration rates without price caps and allow them to implement tiered pricing on domain names.
This week the importer announced improvements without price increases for its MPV model.
China's rare earth products shared 90% of global market, but without price fixing right.
You cannot have a healthy housing market without price stabilization and ultimately home price appreciation," said Anand Nallathambi, president and CEO of CoreLogic, in a statement.
This attitude was roundly condemned by agriculture commissioner Franz Fischler: quota increases without price cuts would have a drastic market impact.
Working with other officials in your state, we will help ensure that the available vaccines and antivirals are distributed without price gouging to our citizens who need them the most.
The web portal PJS registered 147 complaints regarding refusal of sale of drugs, 134 complaints regarding shortage of medicines while two complaints regarding sale of drugs without price approval.