##  [Price Setting](/index.php/price-setting) 

  ##  [Price Setting](https://social.quantumdictionary.io/price-setting-0) 

  

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**Social Sciences Dictionary**

 







 

 

 

 



 

 

 

 

Definition

The process by which a seller or seller organization selects the monetary amount charged for a good or service, informed by cost structure, demand conditions (including price sensitivity), competitive dynamics, strategic objectives, and applicable legal or institutional constraints.