A price signal is a message sent to consumers and producers in the form of a price charged for a commodity; this is seen as indicating a signal for producers to increase supplies and/or consumers to reduce demand.
Read more about Price Signal: Alternative Theories
Famous quotes containing the words price and/or signal:
“... we performers are monsters. We are a totally different, far-out race of people. I totally and completely admit, with no qualms at all, my egomania, my selfishness, coupled with a really magnificent voice.”
—Leontyne Price (b. 1927)
“Change begets change. Nothing propagates so fast. If a man habituated to a narrow circle of cares and pleasures, out of which he seldom travels, step beyond it, though for never so brief a space, his departure from the monotonous scene on which he has been an actor of importance would seem to be the signal for instant confusion.... The mine which Time has slowly dug beneath familiar objects is sprung in an instant; and what was rock before, becomes but sand and dust.”
—Charles Dickens (1812–1870)