The Definition of "Price".

Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are retained among buyers. The price system of the United States is a complex network composed of the prices of all the products brought and sold in the economy as well as those of a myriad of services, including labor, professional, transportation, and public-utility services. The interrelationships of all these prices make …

…wil take place and payment will be made, the form of money to be used, the credit terms and discounts that apply to the transaction, guarantees on the product or service, delivery terms, teturn privileges, and other factors. In other words, both buyer and seller should be fully aware of all the factors that comprise the total "package" being exchanged for the asked-for amount of money in order that they may evaluate a given price.