Video Notes: Price Change Example

Vocabulary flashcards based on a brief note about a price dropping from $50 to $30.

Price

The amount of money required to purchase a good or service.

Price change

Any movement of price from one level to another (e.g., from $50 down to $30).

Decrease (price)

A drop in price, a movement from a higher price to a lower price, such as $50 to $30.

Numerical price example

An illustrative example using specific figures (e.g., a drop from $50 to $30) to show a price change.