Economics Dictionary of ArgumentsHome
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| Price - Economics Dictionary of Arguments | |||
| Price: In economics, price refers to the monetary value assigned to goods, services, or assets in a market exchange. It represents the equilibrium point where supply and demand intersect, determining the quantity of a product traded. Prices convey information about scarcity, preferences, production costs, and market dynamics, influencing consumer behavior and resource allocation. See also Demand, Supply, Markets, Value theories._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Hall, Robert E. | Price | Hall, Robert E. | |
| Microeconomics | Price | Microeconomics | |
| Neoclassical Economics | Price | Neoclassical Economics | |
| Smith, Adam | Price | Smith, Adam | |
| Sunstein, Cass R. | Price | Sunstein, Cass R. | |
| Thomas Aquinas | Price | Thomas Aquinas | |
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Ed. Martin Schulz, access date 2024-04-18 | |||
