Question

What is price.




plzz give me correct ans​

Answer 1

Question

• What is price.

Answer

• 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 production costs, supply of the desired item, 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 means the total amount given after buying something

for example : Dollars , rupees , yen , dinar ,etc