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Concept information

Preferred term

price and price mechanisms  

Definition

  • Price is the value of a good or service in the market. Price mechanisms are strategies that impact and guide consumption by altering the price of the good (or service) relative to its substitutes. [Source: Encyclopedia of Consumer Culture; Price and Price Mechanisms]

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URI

http://data.loterre.fr/ark:/67375/N9J-L0S1WXK1-G

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