When it comes to discussing business sales and revenue, the term "average selling price" is commonly used. However, there are several synonyms for this term such as "mean price," "typical price," "normalized price," and "standard price." These words all convey the idea of a price point that is common or average within a particular market or industry. Other related terms include "market price," which refers to the going rate for a particular good or service at any given time, and "retail price," which is the price that customers typically pay for a product at a store or online retailer. Regardless of the terminology used, understanding and analyzing average selling prices can provide valuable insight into market trends and consumer behavior.