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Price

Amount of money given in order to purchase a thing or service

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Price: Amount of money given in order to purchase a thing or service
A price is the quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price". However, if the product is "service", there will be other possible names for this product's name. For example, the graph on the bottom will show some situations A good's price is influenced by production costs, supply of the desired item, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions.

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G7 Agrees To Cap the Price of Russian Oil Despite Warnings by Moscow [Video]

G7 Agrees To Cap the Price of Russian Oil Despite Warnings by Moscow

G7 Agrees To Cap , the Price of Russian Oil , Despite Warnings by Moscow. On September 2, finance ministers from the G7 group of nations agreed to impose a price cap on Russian oil. . CNN reports..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Cleverly: Truss would hold emergency energy budget [Video]

Cleverly: Truss would hold emergency energy budget

Education Secretary James Cleverly says Liz Truss would call an emergency budget in September before energy price rises in October to see "what can be done to alleviate the pressure" and to "push down..

Credit: ODN     Duration: 01:24Published

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Elon Musk drives off with $23bn reward as Tesla price hikes boost quarterly profits

elon musk drives off with $23bn reward as tesla price hikes boost quarterly profits
Price rises to offset an increase in costs within Tesla's supply chain has helped the company post a leap in profits and Elon Musk to $23bn (£17.6bn) in rewards.
Sky News - Published

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