reasonable prices

Meanings

• noun

  Prices that are acceptable or fair under the circumstances.

  - "The store offers reasonable prices on electronics."
  - "Reasonable prices are important when shopping on a budget."

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Variants

List of all variants of reasonable prices that leads to same result
reasonabilities , reasonability , reasonable , reasonableness , reasonablenesses , reasonably , reasonable facsimile , beyond a reasonable doubt , beyond a shadow of a doubt , beyond doubt

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'reasonable' comes from the Old French word 'raisonable', which means 'capable of being reasoned or explained'. The term 'price' comes from the Old English word 'pryce', which means 'value' or 'worth'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The concept of reasonable prices has been discussed in philosophy since ancient times.

2. In the United States, reasonable prices are protected by consumer protection laws.

3. Reasonable prices are an important consideration in microeconomics and macroeconomics.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Affordable prices: Prices that are within a person's financial means.

2. Market prices: Prices at which buyers and sellers agree to exchange goods or services in a free market.

3. Fair prices: Prices that are just and equitable, taking into account the costs of production, the value of the goods or services, and other relevant factors.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Reasonable prices have cultural significance in various contexts, such as in business negotiations, consumer protection laws, and economic theories. For instance, the concept of 'reasonable person' is used in law to determine what a prudent person would do in a given situation.

How to Memorize "reasonable prices"

1. visualize
   

   - Imagine a store with reasonable prices as having items with tags that are easy to read and affordable.

2. associate
   

   - Associate the term 'reasonable prices' with the idea of a fair deal or a good value for your money.

3. mnemonics
   

   - Use the mnemonic 'Reasonable Prices Are Just Right' to remember the definition.

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