Here we will explain the answer to a common query, what is the name for the value given up by a buyer and a seller in a business transaction? The answer is simple but needs a detailed explanation. So we will go into detail.
What is the name for the value given up by a buyer and a seller in a business transaction?
The answer to this question is price. Price is the name for the value given up by a buyer and a seller in a business transaction. Now learn the types of pricing. When you buy something like groceries, electronics, or furniture, all have some price.
Penetration Pricing
Premium Pricing
Skimming Pricing
Economy Pricing
Psychological Pricing
Variable Pricing
We hope this answer will solve your question, What is the name for the value given up by a buyer and a seller in a business transaction?