price mechanism


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price mechanism

The balancing of the forces of supply and demand in a market to produce a price.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
References in periodicals archive ?
'Based on the Automatic Price Mechanism formula, the retail price for RON95 and diesel for the same period should be RM2.24 per litre and RM2.33 per litre respectively.
Majority of citizens have also demanded the government to enforce a price mechanism so that they can purchase sacrificial animals on reasonable rates.
To achieve this target Pakistan needs to develop a long term price mechanism for sustainability and predictability of the policy to attract investment in the tobacco industry.
The meeting chaired by Finance Minister Asad Umar directed the Ministry of Industries and Production to review the price mechanism of fertilizer industry for ensuring provision of urea to farmers at cheaper rates.
He said that our price mechanism is not realistic hence there is a need to make a strategy to make our price mechanism realistic.Speaking on the occasion, Minister for Agriculture Nauman Langrial directed all the deputy commissioners to constitute price control committees in their respective districts after consultation with the elected representatives of the districts within 15 days and check their performance on regular basis as well.
In the meeting the manager and senior traders and importers of staple food and other important men discussed the commodity Price Mechanism overall wheat and flour in which ensures low and uniform prices among traders which alleviates the suffering of citizens.
I do not expect it to be common knowledge before the existing price mechanism eats into each bit of the kitty.
Tadawul said on Tuesday that enhancement to its opening and closing price mechanism will be implemented from May 27.
According to the CPC Corp., Taiwan Floating Oil Price Mechanism, starting from midnight on May 14, domestic prices of various gasoline types and diesel will increase by NT$0.50 per liter.
He said that support price mechanism should be altered, growers should be given incentives, while millers should be directed to pay half of the price while unloading the sugarcane.
Our company has worked hard to deliver to you Whole Sale Retail Price mechanism (WSRPM).