Time price

id: time-price-261-7096890
title: Time price
text: A time price is the amount of time a person needs to work to earn the amount of money necessary to buy a particular product or service. For example, if a person makes $5.00 an hour and wants to buy a product that costs $20.00 then the time price will be 4 hours. Time prices are universal, meaning that they are not dependent on any particular currency, and reflect the amount of time needed to achieve the goal of obtaining a product or service with money used only as a medium of exchange, making t
brand slug: wiki
category slug: encyclopedia
description: Economics concept
original url: https://en.wikipedia.org/wiki/Time_price
date created:
date modified: 2024-03-08T12:01:28Z
main entity:
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/3/30/Time_Price_of_1_ounce_of_Hershey_Chocolate_from_1938_to_2009.png","width":3323,"height":1993}
fields total: 13
integrity: 14

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