The price at which demand for an item shifts to zero. Essentially the price of the good has reached a level that makes it undesirable for consumers so they stop purchasing the item. For example, the organic producer knew he had reached the choke price on free-range chickens after demand for the product nearly ceased.
Related information about choke price:
- Choke Price Definition | Investopedia
At any price below the choke price, consumers will demand some quantity of the good. At any price equal to or above the choke price, consumers will not ...
- What is choke price? definition and meaning
Definition of choke price: The price at which demand for an item shifts to zero. Essentially the price of the good has reached a level that makes it undesirable for ...
- Choke Price - Financial Dictionary - The Free Dictionary
The price at which demand for an asset drops to zero. That is, when a company charges the choke price or higher for a good or service, all potential customers ...
- choke price - Wiktionary
[edit] English. [edit] Noun. choke price. The minimum price of a good or service that would result in zero quantity being demanded. Retrieved from ...
- Choke Price: Definition from Answers.com
Choke Price An economic term used to describe the price at which the quantity demanded of a good is equal to zero.
- The Choke Price - Glossary - Dictionary Definition of The Choke Price
The Choke Price Defined - A Dictionary Definition of The Choke Price.
- Choke Price from 8th Edition - Magic the Gathering Deck Card (MTG)
Choke Price from 8th Edition card for Magic the Gathering TCG (MTG)
- Treasuries, TIPS, and Gold (Wonkish) - NYTimes.com
Sep 6, 2011 ... Crucially, at least for tractability, there is a “choke price” — a price at which flow demand goes to zero. As we'll see next, this price helps tie ...