Search results
Apr 26, 2024 · The market price is the current price at which a good or service can be purchased or sold. The market price of an asset or service is determined by the forces of supply...
Apr 4, 2024 · What is the market price? The market price is the product’s value determined with respect to the point where demand for and supply of assets and products intersect. Where the demand and supply get balanced, that point marks the market value of that product.
What is Market Price? The term market price refers to the amount of money for what an asset can be sold in a market. The market price of a given good is a point of convergence of the demand and supply for that good. It is an important aspect of calculating consumer surpluses, economic surpluses, etc.
Jun 20, 2024 · noun. : a price actually given in current market dealings. Examples of market price in a Sentence. Recent Examples on the Web More investors looking to purchase property also caused a spike in market prices.
a price that is likely to be paid for something: They're asking £400,000 for their house, but the market price is nearer £350,000. Depreciation profiles are estimated basd on the market prices of used assets. SMART Vocabulary: related words and phrases. Mortgages & real estate. blockbusting. brick. BTL. buy-to-let. chain. endowment mortgage. equity
Aug 21, 2020 · Market price is the price of an asset or product as determined by supply and demand. How Does Market Price Work? In the broadest sense, an item's market price lies at the point of intersection between the available supply of the good or service and market demand for it.
Oct 18, 2023 · Market price is the current cost at which a good or service can be bought or sold, influenced by supply and demand dynamics. It determines consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay for a product.
