Wednesday 11 May 2016

Factors that Affect the price level

price level

The price is the size to be able to find out how large of a value of goods and services. Prices risen in determining whether a commercial practice will be successful, because the price is the value of an item which is expressed in units of money.

In addition, price is used as a benchmark or a starting point for the determination of price is the price or other advice liaison between buyer and seller. This means that the price is determined by demand and supply will be a product of goods or services that has been adjusted.


The price is the amount of money or goods (plus some stuff if possible) that is needed to get a number of combinations of products and services.

The company wanted a higher at the rates, but people have to know the situation and price, manufacturers need to ensure the quality of production, so there is no other response from consumers or less satisfied.


Price as a standard of value for goods and services, so it is very important that price determined Just needs to be emphasized that for such an item would like to have someone pay with some money to collect the goods and is included services provided by the seller. Even the seller also expects profits from the price have been determined.

A limit on price, namely the price of goods and services is a recognized with an amount of money which is based on the value or company willing to release goods or service assets to others.


Price also shows the implementation of a purchase transaction that may occur, if the buyer and seller has been in together agreed on a certain level of prices of a product that is sold, and thus the company in this carry out marketing activities for the Governor himself from a determination of the price of the product that will be offered.

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