Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a complex network composed of the prices of all the products bought and sold in the economy as well as those of a myriad of services, including labor, professional, transportation, and public-utility services. The interrelationships of all these prices make up the “system” of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to depend more or less upon everything else.

If one were to ask a group of randomly selected individuals to define “price”, many would reply that price is an amount of money paid by the buyer to the seller of a product or service or, in other words that price is the money values of a product or service as agreed upon in a market transaction. This definition is, of course, valid as far as it goes. For a complete understanding of a price in any particular transaction, much more than the amount of money involved must be known. Both the buyer and the seller should be familiar with not only the money amount, but with the amount and quality of the product or service to be exchanged, the time and place at which the exchange will take place and payment will be made, the form of money to be used, the credit terms and discounts that apply to the transaction, guarantees on the product or service, delivery terms, return privileges, and other factors. In other words, both buyer and seller should be fully aware of all the factors that comprise the total “package” being exchanged for the asked-for amount of money in order that they may evaluate a given price.

【真题】辽宁省阜新市2018年中考英语试题及答案(Word版) 18-08-01

【真题】山东省菏泽市2018年中考英语试题及答案(Word版) 18-08-01

【真题】四川省绵阳市2018年中考英语试题及答案(Word版) 18-07-31

【真题】浙江省台州市2018年中考英语试题及答案(Word版) 18-07-31

【真题】湖北省荆州市2018年中考英语试题及答案(Word版) 18-07-31

大庆市肇源县2018年外研版七年级上期末英语试卷含解析 18-07-29

【真题】2018年衡阳市中考英语试卷及答案解析(Word版) 18-07-24

【真题】2018年无锡市中考英语试卷及答案解析(Word版) 18-07-24

2018年云南省中考英语试题（原卷+解析） 18-07-24

2018年春外研版七年级英语下期末测试卷（二）含听力mp3 18-07-23

外研版九年级上英语Module1检测题及答案（含听力原文） 18-07-23

＊ 本站是所有资料仅供教学之用。本站部分内容来自互联网或由会员上传，版权归原作者所有，如有问题，请及时联系我们。

版权所有@12999教育资源网