Question

THEORY OF PRICE IN ECONOMICS

Answer 1

The theory of Price is defined as an economic theory that contends that the price for any specific good/service is the relationship between the forces of supply and demand. The theory of price says that the point at which the benefit gained from those who demand the entity meets the seller's marginal costs is the most optimal market price for the good/service. 

Answer 2

the theory of price says that the point at which the benefit gained from those who demand the entity meets the seller's marginal costs is the most optimal market price of the good/service