hypothetical price

USAGE SUMMARY

The phrase "hypothetical price" is correct and usable in written English.
It can be used when discussing a price that is not real or actual, but rather a theoretical or imagined price for a product or service. Example: "In our analysis, we considered a hypothetical price of $100 for the new product to evaluate its market potential."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

16 human-written examples

This number compares the hypothetical price tag on an enterprise debt as well as equity to the operating income from the business.

Forbes

Most patients said they would not give up their medicines due to a hypothetical price increase.

BMC Health Services Research

This study investigated the expected responses of smokers to hypothetical price increases in Brazil.

BMC Public Health

Price is the hypothetical price of ambulance use and is treated as a quantitative variable.

BMC Health Services Research

(a)Multivariate logistic regression model assessing whether the demographic and smoking characteristics of interest were predictive of reported responses to hypothetical price increase.

BMC Public Health

However, most of the prices of enzyme cocktails for large-scale cellulosic bioethanol production are unknown and based on hypothetical price projections.

Biotechnology for Biofuels

Human-verified similar examples from authoritative sources

Similar Expressions

44 human-written examples

Based on the calibrated model, the VMT change in response to hypothetical toll price increases is simulated for New York State.

Transportation Research Part A: Policy and Practice

The table shows a sample display of hypothetical prices in a prototype of a proposed internal futures market for manufacturing capacity.

Harvard Business Review

This study compares the cost-effectiveness of recombinant human FSH (r(h FSH, Gonal-F®) and urinary FSH (uFSH) in assisted reproduction techniques in the USA, using several hypothetical prices for uFSH.

Reproductive BioMedicine Online

The analysis also indicates that the order in which hypothetical prices are presented to the respondents with the MBDC method can systematically affect the answers and should be taken into account when designing such survey instruments.

China Economic Review

Others may use a "shadow price" – a hypothetical cost applied to CO2 within a company.

The Washington Post

Expert writing Tips

Best practice

Specify the assumptions or conditions under which the "hypothetical price" is considered to provide clarity and avoid misinterpretations.

Common error

Avoid presenting a "hypothetical price" as a current market value or a guaranteed future price. Always emphasize that it's a scenario-based estimate, not a factual representation.

Linguistic Context

The phrase "hypothetical price" functions as a noun phrase, where the adjective "hypothetical" modifies the noun "price". It describes a price that is not real but rather assumed or imagined for the purpose of analysis or modeling, as shown in Ludwig's examples.

Expression frequency: Rare

Frequent in

Science

50%

News & Media

25%

Formal & Business

25%

Less common in

Wiki

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

The term "hypothetical price" refers to a price that is assumed or imagined for analysis and modeling purposes. Ludwig AI indicates that the phrase is grammatically correct, but its use is relatively rare. It appears most frequently in scientific, news, and business contexts. Alternatives such as "theoretical price" or "projected cost" may be suitable depending on the specific context. When using "hypothetical price", it's important to clarify that it is not a real or guaranteed price, but rather a scenario-based estimate.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Theoretical price

Emphasizes a price derived from abstract reasoning or models, rather than real-world transactions.

Assumed price

Highlights a price taken for granted as a basis for calculations or planning.

Notional price

Refers to a stated or nominal price, often used in financial contexts for calculation purposes.

Estimated price

Indicates an approximate value, often based on calculations or data analysis.

Potential price

Highlights a price that is achievable or likely within a specific range or scenario.

Expected price

Implies an anticipated price, typically based on market trends or expectations.

Projected cost

Focuses on forecasting future expenses, emphasizing prediction over assumption.

Possible price

Suggests a price that could occur under certain circumstances, indicating uncertainty.

Speculative price

Indicates a price based on conjecture or investment strategies, often involving risk.

What-if price

Short and informal way of representing an hypothetical price in a particular scenario

FAQs

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

You can use "hypothetical price" to discuss potential costs in scenarios. For example: "The study examined consumer behavior in response to a "hypothetical price increase"." or "Let's calculate profits using a "theoretical price" of $50 per unit."

What's a good substitute for "hypothetical price"?

Alternatives include "theoretical price", "projected cost", or "assumed price", depending on the context. "Estimated price" can also work.

Is it appropriate to use "hypothetical price" in formal writing?

Yes, "hypothetical price" is suitable for formal writing, especially in economic, scientific, or business contexts where scenario analysis is common. Ensure the context makes it clear that the price is not an actual one.

What's the difference between "hypothetical price" and "estimated price"?

"Hypothetical price" emphasizes a scenario-based or 'what-if' situation, while "estimated price" suggests a calculation or prediction based on available data. The former is more speculative, the latter more data-driven.