evaluating price

USAGE SUMMARY

The phrase "evaluating price" is correct and usable in written English.
It can be used when discussing the process of assessing or determining the value of a product or service. Example: "The team is currently evaluating price options for the new software to ensure we stay within budget."

✓ Grammatically correct

Science

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

The disadvantages are many, including the one indicated by Alberto Cavallo in his thesis: micro-economic CPI prices are plagued with unit values.2 Although unit values are [End Page 199] conceivably a very good piece of information for the computation of inflation, they are terrible for understanding price-setting dynamics, especially when evaluating price stickiness.

Johns Hopkins University

These findings highlight the dangers of circular reasoning (eg, selecting a metric based on fat content and then evaluating price differences per calorie) and the importance of identifying the most relevant unit of comparison for any individual or public health decision about price differences of foods.

BMJ Open

Funding provided by NSF grant 1216073, ICES: Small: Evaluating Price Mechanisms for Clouds.

University of California, Berkeley

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

The company is evaluating pricing relationships between à la carte and combination orders -- what McDonald's calls Extra Value Meals.

The New York Times

(3) The contracting officer should request technical assistance in evaluating pricing related to items that are "similar to" items being purchased, or commercial items that are "of a type" or requiring minor modifications, to ascertain the magnitude of changes required and to assist in pricing the required changes.

Cornell University

Can this metric guide you when evaluating pricing, potential features, plans, and other important decisions?

Forbes

Rate-setting can be evaluated within a multiple objective framework in which allocative efficiency, equity of income distribution and fairness in apportioning costs all play a role in evaluating pricing policies.

Food and Agriculture Organization of the United Nations

Because art can be difficult for journalists to write about, much less evaluate, price often takes on exaggerated relevance in stories like this one.

The New Yorker

(iii) The evaluated price is the aggregate of estimated quantities to be ordered under separate line items of an indefinite-delivery contract.

Cornell University

Farecast.com evaluates price movements over time to offer travelers predictions on whether fares will go up, down or hold steady on a given route, each likelihood indicated by an arrow.

The New York Times - Travel

Twenty studies evaluated price differences according to concordance with overall healthful diet patterns, with 14 studies evaluating more food-based patterns and 7 studies evaluating more nutrient-based patterns (one study evaluated both 19).

BMJ Open

Expert writing Tips

Best practice

When "evaluating price", clearly define the criteria and metrics you're using to ensure consistency and avoid bias. Are you considering market rates, production costs, or perceived value?

Common error

Avoid "evaluating price" in isolation; consider the broader economic climate, competitive landscape, and consumer behavior to make informed decisions.

Linguistic Context

The phrase "evaluating price" functions primarily as a verb phrase + noun, acting as a key element in decision-making processes related to commerce, economics and finance. As Ludwig AI confirms, this phrase is usable in written English.

Expression frequency: Common

Frequent in

Science

32%

News & Media

32%

Academia

21%

Less common in

Formal & Business

10%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

In summary, "evaluating price" is a grammatically sound and frequently used phrase for assessing the worth or appropriateness of a price. As Ludwig AI indicates, the phrase is versatile, appearing in various contexts from science and news to academia and business. When using "evaluating price", consider alternatives like "assessing price" or "analyzing pricing" to add nuance. Remember to define your evaluation criteria clearly and consider contextual factors to avoid common mistakes. By following these guidelines, you can ensure accurate and effective communication regarding price assessments.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

assessing price

Replaces the verb "evaluating" with "assessing", focusing on a more immediate judgment of the price.

determining price

Highlights the act of establishing or fixing the price rather than just its evaluation.

analyzing pricing

Shifts focus to a more detailed examination of the pricing strategy or structure.

pricing assessment

Nominalizes the phrase, changing the emphasis to the assessment itself.

price appraisal

Uses "appraisal" to imply a formal or expert evaluation of the price.

cost evaluation

Focuses specifically on the 'cost' aspect, suggesting a financial assessment.

valuing price

Emphasizes the act of assigning a value or worth to the price.

examining price

Suggests a careful and thorough investigation of the price.

judging price

Implies making a judgment or decision about the fairness or appropriateness of the price.

pricing review

Suggests a formal review process to evaluate the pricing strategy.

FAQs

What does "evaluating price" mean?

Evaluating price means assessing the worth or appropriateness of a particular cost for a product or service, typically considering factors like market conditions, production expenses, and perceived value.

How can I use "evaluating price" in a sentence?

You can use "evaluating price" in a sentence such as: "The company is currently "evaluating price" strategies to increase sales".

What are some alternatives to "evaluating price"?

Alternatives to "evaluating price" include "assessing price", "analyzing pricing", or "determining price", depending on the context.

What's the difference between "evaluating price" and "determining price"?

"Evaluating price" implies assessing the value of an existing price, while "determining price" suggests setting or establishing a price for the first time. The former is an assessment, the latter is a decision-making process.