Market price

The market price is the current price at which an asset or service can be bought or sold. The economic theory contends that the market price converges at a point where the forces of supply and demand meet. Shocks to either the supply side or demand side can cause the market price for a good or service to be re-evaluated and change. It is important to calculating consumer and economic surplus—Read more at Investopedia. Mitchell, Cory. “Market Price.” 25 April 2019