free market price


A price determined purely by the forces of supply and demand without interference from an outside source, such as a government. This concept assumes that markets are efficient, which is not always true in practice.

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You should try and make sure that you shop around so that you can find the best free market price that is possible.

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Without taking into consideration the possible impact of government policy change, company officials projected a high free market price for the new product.

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Many people were questioning the rent control policy in the city limits, because by all measures the apartment prices were significantly lower than the free market price.

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