List the Two Primary Determinants of Price

question 178

Essay

List the two primary determinants of price.What other factors can affect price setting?

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Definitions:

Commercial Paper

A short-term unsecured debt instrument issued by corporations, typically for financing accounts receivable and inventories.

Simple Interest

Interest earned or paid on the original principal amount alone, without compounding.

Buyer

A person or entity that purchases goods or services.

T-bill

Treasury bill, a short-term government security with a maturity of less than one year, used to finance the national debt.