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.
2017届高考英语一轮复习必备单词素材:Unit 4 Cyberspace(北师大版)
2017届高考英语一轮复习必备单词素材:Unit 16 Stories(北师大版)
2017届高考英语一轮复习必备单词素材:Unit 15 Learning(北师大版)
2017届高考英语一轮复习词法课件: 名词性从句(全国通用)
2017届高考英语一轮复习课件:book2 module6 Films and TV Programmes(外研版)
2017届高考英语一轮复习必备单词素材:Unit 13 People(北师大版)
2017届高考英语一轮复习课件:book1 module2 My New Teachers(外研版)
2017届高考英语一轮复习课件:book4 module1 Life in the Future(外研版)
2017届高考英语一轮复习必备单词素材:Unit 14 Careers(北师大版)
2017届高考英语一轮复习词法课件:名词(全国通用)
2017届高考英语一轮复习课件:book3 module1 Europe(外研版)
2017届高考英语一轮复习必备单词素材:Unit 7 The Sea(北师大版)
2017届高考英语一轮复习课件:book2 module4 Fine Arts—Western, Chinese and Pop Arts(外研版)
2017届高考英语一轮复习课件:book2 module1 Our Body and Healthy Habits(外研版)
2017届高考英语一轮复习词法课件: 情态动词和虚拟语气(全国通用)
2017届高考英语一轮复习词法课件: 冠词(全国通用)
2017届高考英语一轮复习词法课件: 形容词和副词(全国通用)
2017届高考英语一轮复习必备单词素材:Unit 11 The Media(北师大版)
2017届高考英语一轮复习词法课件:构词法(全国通用)
2017届高考英语一轮复习必备单词素材:Unit 12 Culture Shock(北师大版)
2017届高考英语一轮复习必备单词素材:Unit 8 Adventure(北师大版)
2017届高考英语一轮复习课件:book8 module4-6(外研版)
2017届高考英语一轮复习必备单词素材:Unit 6 Design(北师大版)
2017届高考英语一轮复习课件:book3 module3 The Violence of Nature(外研版)
2017届高考英语一轮复习词法课件: 非谓语动词(全国通用)
2017届高考英语一轮复习课件:book1 module4 A Social Survey—My Neighbourhood(外研版)
2017届高考英语一轮复习词法课件:定语从句(全国通用)
2017届高考英语一轮复习必备单词素材:Unit 3 Celebration(北师大版)
2017届高考英语一轮复习课件:book1 module1 My First Day at Senior High(外研版)
2017届高考英语一轮复习词法课件: 介词和介词短语(全国通用)
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