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fixed prices


Identification code: 300417240



Related term/s

Alternative term/s

  • fixed price
  • prices, fixed

Anotations

Scope note:

Prices that are established for certain goods or services and cannot be negotiated. Examples are fixed prices for a certain meal on a restaurant menu, prices set at a bazaar where it is otherwise customary to haggle a lower price, or prices for a market commodity that are set rather than flutuating based on demand.

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