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A Fair Price?

Ed Kless - 08/02/2010

A recent video from reason.tv noted the word fair in English has few direct translations in other languages. This was fascinating to me being a lover of etymologies, but it also got me to thinking about the expression fair price.

Take a look at the video and please comment on your thoughts about what is a fair price to you?

Comments

brett newberry, cpa

excellent video about fair price. a fair price in the marketplace is determined by the consumer or client. they must decide what value something is worth to them. the provider must decide if they are willing to accept the value determined by the client for the service desired.

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