Price Determination
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About this ebook
Price determination is a price system, a system in which the price plays a key role in determining the ways of allocating and distributing commodities.
It is in this lucid manner that this book will teach you how to determine the prices of goods and services.
It clearly explains the equilibrium price and the equilibrium quantity.
It analyzes how to determine the equilibrium price and quantity using a functional relationship.
It examines the effects of changes in demand and supply on the equilibrium price and quantity.
It evaluates the functions of price system, a system in which the price plays a key role in determining the ways in which commodities are allocated to the producers and consumers.
It examines price control, the fixing of the price of certain selected commodities by the government.
It identifies the minimum price legislation. It throws light on the effects of fixing a minimum price.
And it discusses the maximum price legislation. It sheds light on the effects of fixing a maximum price.
Anthony Anamgba
Anthony Anamgba is an independent author and publisher. He has written and published a crop of good books on Commerce, Economics, English, Government, and Politics. He is good at writing introductory books on several disciplines. His books start at elementary stage and progress, in some places, to intermediate stage. His books are first-rate study guides. He writes in a way that makes the books interesting and easily understandable. He writes both fiction and nonfiction. His popular books include A Digest of Commerce, A Digest of Economics, A Digest of English, A Digest of Government, A Digest of Politics, Common Mistakes in English, and Heart Break, a contemporary romance. Presently, he edits and publishes several interesting romantic stories written by young writers.
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