|WikiProject Economics||(Rated Start-class, High-importance)|
|WikiProject Business||(Rated Start-class)|
Gross price and net price
gross price means amount of goods or services without any deduction.AND net price means amount of goods or services after deduction
The article claims, in regard to marginal benefit determining price, that: "That debate is no longer useful in talking about price."
It is true that marginal benefit is no longer seen as the sole driver of price; however, it is seen as driving the demand side of the supply-demand curves, the equilibrium of which determines price. I'll correct this if no objections are raised. El T 15:10, 21 July 2006 (UTC)
The comments on Marxian theories end with the sentence : 'Marxian theory has several flaws and has failed in practice.'. I don't understand what 'failed in practice' means here, and it would be more helpful to state what the flaws are. So I'm editing the sentence accordingly. Marinheiro 10:03, 15 October 2007 (UTC)
- The paragraph on Marxian price theory is utter and total crap; it ought to be revised completely. User:Jurriaan 2 february 2012 12:30 (UTC).
What are Price points ?
I think 'price points' is an important concept and it does not mean exactly the price of the product. Isn't it something to do with popular prices that make people more likely to splash the cash? 22.214.171.124 23:13, 6 January 2007 (UTC) I think this line "The price of an item is also called the price point" is not as clear as it could be. —Preceding unsigned comment added by 126.96.36.199 (talk • contribs) 23:18, 6 January 2007
"Though this view is accepted by almost every economist, and it constitutes the core of mainstream economics, it has recently been challenged seriously."
I think it would help if people could back up somewhat outrageous claims like these with citations. If the challenge is really so serious, I ought to update my teaching material. —Preceding unsigned comment added by 188.8.131.52 (talk • contribs) 09:34, 6 August 2007
Technical stuff in lead
The addition of this technical stuff] to the lead is more confusing than helpful. Price, for most people, is what they pay for something in money, so that's what needs to come first. The "ratio" definition already occurs in the article, so that's taken care of.
The revealed preference bit is (I think) unnecessary for this article. It's also a bit wrong, since revealed preference can theoretically identify preferences, but not utility values.
The "concept of price" bit looks useful.
Too much garbage
This article has deteriorated from what we wrote originally. The section "Price as productive human labour time" is just rubbish and has nothing to do with Marx's theory. This article should be about how the concept of price is defined. Since there are different definitions in classical economics and neo-classical economics, those definitions should be separatedly acknowledged. User:Jurriaan 20:02 3 May 2010 (UTC)