No, a price point was the determined price that a good or service would optimally generate the most profit based on a supply-demand model.
No, a price point was the determined price that a good or service would optimally generate the most profit based on a supply-demand model.
I thought it was the unique solution to a supply demand model, not a maxima.
I thought it was the unique solution to a supply demand model, not a maxima.
Yea, you are right, that's the basic macroeconomic supply/demand definition from a price analysis curve. I guess I assumed the question to be asking about financial and money lending institutions use of the term since "point" that often confuses a lot of first time home buyers and amateur investors.
Yea, you are right, that's the basic macroeconomic supply/demand definition from a price analysis curve. I guess I assumed the question to be asking about financial and money lending institutions use of the term since "point" that often confuses a lot of first time home buyers and amateur investors.
points like shares of a group gamble or a mafia crime job
points like shares of a group gamble or a mafia crime job
yes
yes
(post is archived)