Word for when people store scarce resources to increase demand
Like storing gasoline to create an artificial demand and sell it a higher price later.
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Why do we use the term "hike" to describe an increase in price, value
1904 Topeka Capital 10 June 4 City Center kept the price of ice cream sodas at five cents until the State Sunday School convention struck town, and then the scale was hiked to ten cents. We
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Where did "the price of tea in china" come from?
The price of tea in China, at that time, indeed affected a great deal of economic activity, and was thus relevant to quite a few topics (even though the relevance may not have been
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"price on" and "price for"
''A price on'' connotes ''a price set/levied on'' (probably not the actual words) and is more seller-orientated. ''The price for'' is nuanced less towards the involvement of the seller, and more
adjectives
Price can be a noun (the price of an item) or a verb (to set the price of an item). Moreover, the word priced can be used as an adjective, particularly in combination with other words
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What on Earth does "cheap at half the price" mean?
(in Phrasefinder Bulletin Board): ''Cheap at half the price'' is understood to mean ''reasonably priced'' and if people understand that meaning why worry about logical niceties? It was never intended to be
meaning
Price point means a point on a scale of possible prices at which something might be marketed; its meaning is different from the meaning of price, which is (principally, but not only) the
word usage
The Merriam Webster dictionary defines cheap as charging or obtainable at a low price a: a good cheap hotel cheap tickets b : purchasable below the going price or the real value so, strictly
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"cheaper price" or "lower price" / "cheaper rate" or "lower rate"
Somehow it really grates me when people say that something is at a "cheaper/more expensive price" or "cheaper/more expensive rate". My understanding is that prices and rates can be lower or higher,
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