Dictionary
Words, grammatical forms and meanings linked to the ontology.
price signal en · NOUN
Meanings
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In a market economy, the information conveyed to consumers and producers via the price which provides a signal to change the demanded or supplied quantity of a product or service.
Unlike ration books or speeches by Jimmy Carter, price signals don't tell anyone what to do; they change the incentives and we are all free to act, or not, depending on our own circumstances and preferences.
2026 April 4, Tim Harford, “Lessons from your petrol pump”, in FT Weekend, London: The Financial Times Ltd., →ISSN, →OCLC, page 17:
Forms
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BOGOF