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What is Price?
Price is a value by which a customer can purchase goods or any service by measuring its weight, quantity or any other possible measurement. Price is an essential factor of transaction or exchange the ownership of goods. The price of an object may be fixed or can be evaluated by considering the various conditions. The price is said to be perfect when the customer has no problem in dealing with it. On the other hand, sometimes dealing take place on negotiation.
Price will be perfect when a buyer is satisfied with what he pays and a seller is satisfied with what value he accepts and along with that the competition in the market allows with a perfect charge. This value is a variable and can be change with respect to its demand and its situation in the market. The price of stocks is decided on the basis of company’s profit and other important factors that influence country’s market or economic position if a company is strong enough.
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