Question

What is Price? Give example of different type of price?

Answer 1

Answer:

price, the amount of money that has to be paid to acquire a given product. Insofar as the amount people are prepared to pay for a product represents its value, price is also a measure of value.

example

is $1 for three cookies.

Answer 2

Answer:

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

example :-

Premium pricing.

Penetration pricing.

Economy pricing.

Skimming price.