Kids Safe Encyclopedia Search. Safe Wiki for Kids.     

   web | images | video | facts | wiki | news | games | kidztube | apps






Not Finding Your Answer?
Post It On KidzTalk Homework Help


   Report a search problem







COMPANY RESOURCES LINKS SOCIAL
contact us education daily journal home facebook
about us make us your default search kidztalk twitter  
terms/privacy blocking websites kidznet pinterest  
advertise teacher zone wiki    
media link to us learning sites    
business / api solutions add a site image search    
affiliate program kidzsearch apps kidztube    
play youtube on kidzsearch games    
  voice search music    
  report a problem cool facts    
  settings news    
    search help    
       
         










 mobile version

      Copyright 2005-2024 KidzSearch.com 

Price

There are different definitions of price. Perhaps the simplest definition is to say "price is the value of a product (good) or service". A price is expressed in other goods, services, or in money.

Here is an example about price: Peter raises sheep for their wool. Sally raises chickens for their eggs. Winter is coming, so Sally wants to make a warm wool coat.She first measures how much wool she needs for a coat. She thinks she needs the wool from 2 sheep for the coat. She then goes to Peter and asks him what he wants for the wool she needs. Peter then tells her the price he is asking for his wool. Sally might trade some of her chicken eggs for the wool.

 view more...

Markets, Efficiency, And Price Signals: Crash Course Economics #19

Markets, Efficiency, And Price Signals: Crash Course Economics #19
Price Controls, Subsidies, And The Risks Of Good Intentions: Crash Course Economics #20

Price Controls, Subsidies, And The Risks Of Good Intentions: Crash Course Economics #20
Why Do So Many Price Tags End In .99

Why Do So Many Price Tags End In .99
more videos...