![Theory of Price](https://img-cdn.financeunlocked.com/headers-images/euromoney/3.jpg?ik-sdk-version=javascript-1.0.3)
Glossary
Macro & Markets
Theory of Price
The basis of the theory of price is that supply and demand determine the price of goods and services in an economy. Optimal pricing is reached when supply and demand are balanced.
Theory of Price
The basis of the theory of price is that supply and demand determine the price of goods and services in an economy. Optimal pricing is reached when supply and demand are balanced.