THE ESSENCE OF THE PRICE, ITS FORMATION FEATURES AND MONOPOLY
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Abstract
This scientific article discusses in detail the economic content of the price, the mechanisms of its formation in market conditions, the influence of supply and demand factors, the role of production costs, the influence of competition on price stability, and the main features inherent in price determination in economic systems with monopoly structures. During the analysis, the interaction of market mechanisms, price regulation, and the role of monopoly entities in market management are considered based on a scientific approach.
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