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The PRICE is what people
pay when they purchase a good or service or what they receive
when they sell a good or service.
Market prices are determined
by
the buying and selling decisions of
CONSUMERS and
PRODUCERS.
Example: Traci wants to
purchase a dress that has a price of $39.99. If she
thinks the price is too high,
she can shop at another store or wait to see if the dress goes
on sale. | 
