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  • Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… …   Wikipedia

  • Price point — Price points are prices at which demand is relatively high. In introductory microeconomics, a demand curve is downward sloping to the right and either linear or gently convex to the origin. The first is usually true, but the second is only… …   Wikipedia

  • price — n Price, charge, cost, expense can mean what is given or asked in payment for a thing or for its use, or for services. Price and charge in their ordinary nontechnical use commonly designate what is asked or demanded in the case of price,… …   New Dictionary of Synonyms

  • price tag — n. 1. a tag, as on an item of merchandise, indicating the price 2. the price of something: often used figuratively [heavy smoking carries a price tag] …   English World dictionary

  • price discrimination — n. Asking different prices from different buyers for the same item. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. price discrimination n …   Law dictionary

  • price tag — price′ tag n. 1) a label or tag that shows the price of the item to which it is attached 2) cost; price • Etymology: 1880–85, amer …   From formal English to slang

  • Price index — A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to… …   Wikipedia

  • Price Protection — A little known, but common feature offered by most credit card companies that allows cardholders to receive a refund if an item bought with that credit card drops in price within a specified time period. This time period is usually within 30 or… …   Investment dictionary

  • price index — an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100. [1885 90] * * * Measure of change in a set of prices, consisting …   Universalium

  • Price dispersion — In economics, price dispersion is variation in prices across sellers of the same item, holding fixed the item s characteristics. Price dispersion can be viewed as a measure of trading frictions (or, tautologically, as a violation of the law of… …   Wikipedia

  • Price book — In economics, a price book is a book in which the normal prices of an item are listed for all suppliers. This allows one to determine the lowest price possible.If a group of suppliers adhere to a particular price book, in other words, they set… …   Wikipedia

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