"To set a price" means to determine or establish the amount of money required to purchase a product or service. It involves deciding on a competitive or strategic value that reflects costs, market conditions, and desired profit margins.
Translations
fijar un precio
een prijs vaststellen
fixar un preu
fixer un prix
einen Preis festlegen
Etymology
The phrase "to set a price" combines the verb "set," originating from Old English 'settan,' meaning to put or place, with "price," derived from Old French 'pris,' meaning value or reward. Together, they convey the act of placing a specific value on an item for sale.