What is another word for market price?
Pronunciation: [mˈɑːkɪt pɹˈa͡ɪs] (IPA) 
Market price refers to the current rate at which a good or service is sold in the market. It is a crucial factor in determining the value of a product and its competitiveness. Synonyms for market price include selling price, market value, fair price, price tag, and cost. The selling price refers to the amount paid by a buyer to purchase a product, while market value is the price at which a product can be sold in the market. Fair price refers to a price that is reasonable and just, while the price tag is the price mentioned on the product itself. Cost refers to the total amount spent in producing a product, including labor, materials, and other costs.
