Theory Of Price

Theory Of Price,

Theory Of Price Definition:

Price theory is an economic theory that states that the price of a particular good or service is based on the relationship between supply and demand. The price theory assumes that the maximum market value for a good or service is the point at which the defendant's profits cover the seller's modest expenses.

  • Price theory is an economic theory that states that the price of a particular good or service is based on the relationship between supply and demand.
  • The ideal market price, or equilibrium, is the point at which a potential customer can consume the full amount of something reasonably good.
  • Supply may be affected by the availability of raw materials. Demand can fluctuate depending on the competitive product, the perceived price of an item, or its access to the consumer market.

Literal Meanings of Theory Of Price

Theory:

Meanings of Theory:
  1. The purpose of adopting ideas or creating systems is to explain something, especially based on general principles that are free to explain.

Sentences of Theory
  1. Darwin's theory of evolution

Synonyms of Theory

surmise, speculation, thesis, proposition, hunch, conjecture, premise, suspicion, feeling, notion, supposition, guess, presupposition, presumption, postulation, assumption, hypothesis, postulate

Of:

Meanings of Of:
  1. It shows the relationship between the part and the whole.

  2. Indicates the relationship between scale or size and value.

  3. Refers to the relationship between two organizations, usually the organization of the association.

  4. This shows the relationship between the address and the waypoint.

  5. It represents the relationship between a general type or type and a particular object belonging to that category.

  6. After a noun that comes from or is related to a verb.

  7. Joomla header is a predictive adjective.

  8. Identify the component or substance that makes the difference.

  9. Express the hour for the next hour.

Sentences of Of
  1. 5% increase

  2. North of Chicago

  3. Nice to meet you

  4. In New York, only a quarter to three

Synonyms of Of

of, from, in, made by, caused by, by, done by, carried out by

Price:

Meanings of Price:
  1. Determine the amount required (something offered for sale)

  2. Money is given as an expectation, need, or payment of something.

  3. Unwanted experiences, events or actions that are necessary as conditions to achieve the desired goal.

Sentences of Price
  1. The cost of watches in this range is 14.50

  2. Land can be sold at a higher price.

  3. The price of success is a day of debate

Synonyms of Price

value, forfeit, fee, put a price on, rate, total, consequence, amount, penalty, levy, assess, toll, fix the price of, estimate, assay, asking price, selling price, sum, terms, result