Question

what is price??????
​

Answer 1

$\huge{\purple{\overbrace{\underbrace{\pink{\mathfrak{Bonjour}}}}}}$

A price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services. A price is influenced by both production costs and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions.

Answer 2

✍️Price:-

• A price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.