What is price perception
Price perception is the reaction of the people at for a
change in price level. There may be more buying even in high price situation when
people believe that the price would be more rises in the price.
Different people have different price perception this is the
reason that markets are not stagnant. One group believes that this is the time
to sell at a given price level and and the other believes that there is still
margin of increase.
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