Question

define what is a reasonable price and a usual price

Answer 1

Answer:

A price that reflects the lowest possible average of the total cost of production with normal profit taken into consideration. It is the equilibrium price that is determined by the interaction of the demand and supply in a perfectly competitive market

Explanation:

Answer 2

Explanation:

Reasonable price means the price for the good that is fair to two or both parties involved in the transaction.

Usual price means the price of a good or service in the prefectly competitive market.