appropriate price

USAGE SUMMARY

The phrase "appropriate price" is correct and usable in written English.
It can be used when discussing a price that is suitable or fair for a particular product or service. Example: "After researching the market, we determined that the appropriate price for the new software should be around $200."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

"There are people interested in buying at an appropriate price".

The New York Times

Dreyfus said Robert had paid the appropriate price.

The Guardian

"What would you consider an appropriate price point for stopping?

The New Yorker

No significant efforts were made to determine what the appropriate price for the assets was.

The New York Times

"They were very sensitive to us and offered an appropriate price for the market conditions".

The New York Times

In those cases, the issue was whether an appropriate price was being paid.

The New York Times

For one thing, it is not clear what the appropriate price index should be.

The New York Times

Chatfield provides a consultant who helps select an agent, determine an appropriate price and find a stager.

The New York Times

But they can certainly survive at the appropriate price point – and that will probably have to come down.

The Guardian

That is the just and appropriate price for the pervasive and unprecedented institutional misconduct that occurred here".

The New Yorker

"But they have a great location, and if they program intelligently, at an appropriate price point, they should do fine".

The New York Times

Expert writing Tips

Best practice

When determining the "appropriate price", consider factors such as market conditions, product value, and competitor pricing to ensure a fair and competitive offering.

Common error

Avoid setting a price without properly researching the market. Pricing too high or too low without understanding the landscape can lead to lost sales or undervaluation.

Linguistic Context

The phrase "appropriate price" functions as a noun phrase, where "appropriate" modifies the noun "price". It's used to describe a price that is suitable, fair, or correct for a given situation. As Ludwig AI states, this phrase is usable in written English and commonly used.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

28%

Formal & Business

15%

Less common in

Wiki

6%

Reference

5%

Encyclopedias

4%

Ludwig's WRAP-UP

The phrase "appropriate price" is a common and grammatically sound expression used to describe a price that is considered fair, suitable, or reasonable for a particular product or service. As confirmed by Ludwig AI, it sees frequent use across various contexts, including news, science, and formal business settings. When determining an "appropriate price", it's essential to consider factors such as market conditions, product value, and competitor pricing. While "fair price", "reasonable price" and "suitable price" can serve as alternatives, understanding the nuances of market research is crucial to avoid over or undervaluing products or services. This phrase provides a versatile and widely accepted way to discuss pricing strategies and negotiations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fair price

Emphasizes justice and equity in the cost.

reasonable price

Highlights the price being logical and justifiable.

suitable price

Focuses on the price fitting the specific circumstances.

just price

Stresses the ethical rightness of the cost.

acceptable price

Indicates the price is satisfactory to involved parties.

correct price

Implies that the price is accurate and reflects true value.

right price

Suggests the price is optimally positioned for a transaction.

proper price

Emphasizes adherence to standards or conventions in pricing.

market price

Highlights alignment with current market conditions.

equilibrium price

Highlights supply and demand that settles a single price.

FAQs

How do you determine the "appropriate price" for a product or service?

Determining the "appropriate price" involves analyzing market demand, production costs, competitor pricing, and perceived value. Balancing these factors ensures both profitability and customer satisfaction.

What factors influence the "appropriate price" of a product?

The "appropriate price" is influenced by factors like supply and demand, production costs, competition, brand reputation, and perceived value by consumers.

What is a "fair price", and how does it relate to the "appropriate price"?

A "fair price" is a price that is considered equitable for both the buyer and seller. It is closely related to the "appropriate price", which takes into account market conditions and value to arrive at a justifiable cost.

How does one negotiate to reach an "appropriate price"?

Negotiating an "appropriate price" involves researching market values, understanding the other party's needs, and being prepared to compromise while clearly communicating the value and benefits being offered.