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Markets, Efficiency, and Price Signals: Crash Course Economics #19Marginal cost pricing is a more competitive method of pricing a product for market entry. This method considers the direct out-of-pocket expenses of. Market prices are vital because they condense, in as objective a form as possible, information on the value of alternative uses of each parcel of property. The term market price refers to the amount of money for what an asset can be sold in a market. The market price of a given good is a point of convergence.
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