Price

:For people whose family name is Price see Price (disambiguation).

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In economics and business, the price is the assigned numerical monetary value of a good, service or asset.

Related Topics:
Economics - Business - Monetary - Value - Good - Service - Asset

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The concept of price is central to microeconomics where it is one of the most important variables in resource allocation theory (also called price theory).

Related Topics:
Microeconomics - Resource allocation

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Price is also central to marketing where it is one of the four variables in the marketing mix that business people use to develop a marketing plan.

Related Topics:
Marketing - Marketing mix - Marketing plan

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