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How should price be determined?

Updated: 8/23/2023

Wiki User

∙ 14y ago

Best Answer

by supply and demand
by market price
by market mechanism
taxes and subsides

Wiki User

∙ 12y ago

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Continue Learning about Economics

What is the difference between price ceiling and price floor?

price ceiling: A legally determined maximum price that sellers may charge.price floor: A legally determined minimum price that sellers may receive.

How is price determined?

Cost of the item + Desired Profit = price.

What is the Consumer Price Index CPI?

an index determined by measuring the price of standard goods bought by urban consumers

What is market price determined by?

the market or market forces

How the price of a good is determined by market forces?

lakshay

Related questions

How is an exchange price determined?

An exchange price is determined by the amount sold, and the amount bought.

How are electric rates determined?

Electric rates are determined by the individual electricity provider. Typically electric companies have different rates and the price is determined based on supply and demand. This means that prices can fluctuate frequently, usually upwards in price, so one should look in to locking in to a fixed price deal where possible.

When are price and yield of government thirty-year bonds determined?

Price and yield are determined at auction.

How can price be determined in a free market economy?

In a perfect free-market economy, price is determined by supply and demand.

What is the difference between price ceiling and price floor?

price ceiling: A legally determined maximum price that sellers may charge.price floor: A legally determined minimum price that sellers may receive.

How is price determined?

Cost of the item + Desired Profit = price.

How gold price determined in India?

gold prices are determined on the basis of stock market.

How to calculate polybag price?

The polybag price is usually determined by the quality and the size.

What is the Consumer Price Index CPI?

an index determined by measuring the price of standard goods bought by urban consumers

What is market price determined by?

the market or market forces

How the price of a good is determined by market forces?

lakshay

What is stock holding policy and how is selling price determined?

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