Word Pronunciation & Dictionary

price signal

Word Rarity Uncommon

Frequency: Zipf frequency 4.53 in modern English

Syllables: price sig-nal
IPA

16

Scrabble Score

11

Letters

2

Syllables

10

Unique Chars

Meaning

noun

In a market economy, the information conveyed to consumers and producers via the price which provides a signal to change the demanded or supplied quantity of a product or service.

Example Sentences

"Unlike ration books or speeches by Jimmy Carter, price signals don't tell anyone what to do; they change the incentives and we are all free to act, or not, depending on our own circumstances and preferences."

Inflected Forms

price signals (plural)

Frequently Paired Words

BOGOF

Questions

What does price signal mean?: In a market economy, the information conveyed to consumers and producers via the price which provides a signal to change the demanded or supplied quantity of a product or service.

How to pronounce price signal

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