TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PRICING SYSTEM [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2015-03-03

English

Subject field(s)
  • Pricing Theory
DEF

The system by which the amount and qualities of goods and services are determined (and, hence, resources to produce them allocated) by the price that consumers are willing to pay.

CONT

In a price system in which markets are permitted to work without outside intervention, the price system will tend toward an optimal allocation of resources and of production of goods and services; if there is a shortage of an item the price will rise, and new resources will be applied to its production, until a new equilibrium is achieved in which no other combination of goods and services produced or allocation of resources could produce greater satisfaction. In practice, no price system achieves this ideal. In all markets there are frictions caused by lags in response.

French

Domaine(s)
  • Théorie des prix
DEF

Ensemble de prix établis de manière cohérente pour l'application de principes préalablement fixés.

Spanish

Campo(s) temático(s)
  • Teoría de fijación de precios
DEF

Es el sistema por el que se determinan los montos y calidades de bienes y servicios (y, en consecuencia, por el que se asignan los recursos para producirlos) por el precio que los consumidores están dispuestos a pagar.

CONT

En un sistema de precios en el que se permite que los mercados actúen sin intervención externa, el sistema de precios tenderá a la asignación óptima de recursos y de producción de bienes y servicios; si hay escasez de un artículo, el precio aumentará y se aplicarán nuevos recursos a su producción, hasta que se llegue a un equilibrio en el que ninguna otra combinación de bienes y servicios producidos o de asignación de recursos podría proporcionar mayor satisfacción. En la práctica, ningún sistema de precios alcanza ese ideal. En todos los mercados hay fricciones ocasionadas por los desfases en reacción al producto de que se trate.

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Record 2 1998-05-20

English

Subject field(s)
  • Marketing

French

Domaine(s)
  • Commercialisation

Spanish

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