### possession | expenditure | price:

Average cost
* is monetary values
  - the slope of the total cost curve
* is the total cost divided by the number of units produced

Bid price
* Is the highest price that an investor is willing to pay.
* are prices.

Closing price
* are a guideline to market activity at the end of the trading day
  - generally the last price during the day at which the stock was bought or sold
* is the day's last traded price of the company's shares of stock.

Food price
* are one of the chief factors driving Polish inflation
  - to reflect market forces and domestic energy prices their full import costs
* continue to rise due to shortages caused by weather, pests, and gas.

Fuel price
* are one of the most significant components of any airline's operating costs
  - subject to changes in economy
* heat tempers as the temperature drops.
* play a significant role in the prices of numerous nontradable commodities.

Futures price
* are often different than cash prices for the same commodity
  - the average weekly price reported by the various commodity exchanges
* change constantly.

Gas price
* are one of the major expenses when traveling cross-country by car
  - something people feel very immediately and personally
  - subject to the law of supply and demand
* do affect how many people come here.
* have a major impact on our lives, affecting the economy and our daily activities.
* remain in the stratosphere.

Gold price
* are among the lowest in the world
  - stable, and the dollar has been rising against both the yen and the euro
* tend to move in the same direction as oil prices.
* vary with ring size and the market price of gold.

### possession | expenditure | price:

High price
* are an implicit trade-off favouring small, elite, select, rich world clientele.
* are located in airports
  - hotels
  - theatres
  - simply the market's way of telling people to produce more and consume less
* causes the consumers to find alternate sources of oil and energy.
* confirm perceptions of high value in consumer minds.
* deter consumption but have ambiguous effects on drug-related crime.
* is the common problem of all new high-tech devices.
* keep average working people from buying a home near their job.
* lead to inflation and hobble economic growth.
* mean high crime rates so that addicts can get the money.
* pose a threat to global growth.

Higher price
* are a response to the laws of supply and demand.
* are the result of a temporary imbalance in supply and demand nationwide
  - fewer bikes being manufactured and sold
* have little to do with the price of oil.
* reduce the ability of low and middle income families to afford a home
  - value of money held by consumers
* result in wealth transfers from consuming countries to producing countries.
* transfer income from economies that import oil to oil exporters.

Historical price
* are the actual trading prices on the date specified.
* record of how investors acted in the past to a variety of situations.

Home price
* are high and increasing in some areas of the country.
* continue to rise, particularly in the luxury market, where supply is very limited.

Housing price
* are also the major source of inter-regional variations in the cost of living.
* depend on location.
* is price per square foot.

Low price
* act as a check on inflation.
* benefit consumers regardless of how they are set.
* can be a direct sign of a company that is ignorant or noncompliant to the tax system.
* cause farmers to revise downward their expectations about longer-term prices.
* continue to plague most agricultural commodities.
* cure low prices market adage that is often quoted.
* drive the sales of cartoon watches.
* result from supplies that are large relative to existing demand.

Lower price
* are the natural result of competition.
* mean a return to normalcy and the avoidance of chaos or war
  - that consumers save on the products they use every day