What is market price?

Answer:
There are several definitions of market price depending on on usage.
It can be the price of a commodity or share on the stock market. It can also be the best guess of a marketing agent as to what price could be obtained for a product or service. In this case the initial price may change due to demand or lack thereof.
First answer by Lazarus. Last edit by Lazarus. Contributor trust: 1081 [recommend contributor recommended]. Question popularity: 2 [recommend question].

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