// Workers AI · dad joke modeWhat did the market rate say to the price? "You're worth it.
The market rate (or "going rate") for goods or services is the usual price charged for them in a free market. If demand goes up, manufacturers and laborers will tend to respond by increasing the price they require, thus setting a higher market rate. When demand falls, market rates also tend to fall (see Supply and demand).
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[edit]External links
[edit]- Business Dictionary Archived 2012-01-07 at the Wayback Machine
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