By supply and demand, in a totally unfettered economy. Many nations have a legislated minimum wage.
The quality of the labor and the supply. Skilled labor is worth more than unskilled. If there is a shortage of workers (labor) the price paid goes up.
price ceiling: A legally determined maximum price that sellers may charge.price floor: A legally determined minimum price that sellers may receive.
Cost of the item + Desired Profit = price.
The price of a good is determined by all the factors that contribute to making the product. These factors include: labor, materials, and manufacturing overhead. The demand curve is the amount consumers are willing to pay at every given price. The quantity of goods demanded depends on the price of the product. If the price is $1, the quantity demanded will be a lot more than if the price was $100.
an index determined by measuring the price of standard goods bought by urban consumers
The quality of the labor and the supply. Skilled labor is worth more than unskilled. If there is a shortage of workers (labor) the price paid goes up.
The quality of the labor and the supply. Skilled labor is worth more than unskilled. If there is a shortage of workers (labor) the price paid goes up.
An exchange price is determined by the amount sold, and the amount bought.
The onset of labor can be determined by measuring how much the cervix has dilated.
Price and yield are determined at auction.
In a perfect free-market economy, price is determined by supply and demand.
price ceiling: A legally determined maximum price that sellers may charge.price floor: A legally determined minimum price that sellers may receive.
Cost of the item + Desired Profit = price.
The price of a good is determined by all the factors that contribute to making the product. These factors include: labor, materials, and manufacturing overhead. The demand curve is the amount consumers are willing to pay at every given price. The quantity of goods demanded depends on the price of the product. If the price is $1, the quantity demanded will be a lot more than if the price was $100.
gold prices are determined on the basis of stock market.
The polybag price is usually determined by the quality and the size.
an index determined by measuring the price of standard goods bought by urban consumers