Types of price
The glossary of statistical terms, published by the Organisation for Economic Co-operation and Development (OECD), suggests that ‘types of prices’ refers to the range of prices at which goods and services are valued. These comprise:
- Current or constant prices.
- Market or non-market prices.
- Basic prices.
- Producer's prices.
- Purchaser's prices.
Other types of price referred to on Designing Buildings include:
- Fixed price.
- Guaranteed maximum price.
- Market price.
- Offer price.
- Real price.
- Shadow price.
- Spot price.
- Unit price.
For more information see: Price.
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