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Q: How do you calculate choke price?
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What is choke price?

"choke price" is an economics term that simply means the minimum price at which no customers will buy a given product. For example, if only 2 customers are willing to buy a widget for $10, only 1 customer is willing to buy a widget for $11 dollars, and no customers are willing to buy a widget for $12 or more dollars, then the "choke price" of widgets its $12 dollars.


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How do you calculate net price?

To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.


How do you calculate net-price?

To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.


Calculate gross price to net price?

Gross price-expenses=net price


Do you calculate discount or a new price?

The only practical reason to calculate the discount is as an intermediate step in determining the new price.


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