pricebehavior
nounUK /ˈpraɪs bɪˌheɪvjə/
US /ˈpraɪs bɪˌheɪvjər/
The way the cost of something goes up and down over time.
The pricebehavior of toys changes a lot before holidays.
OTHER MEANINGS
2. How a seller sets and changes the cost of what they sell.
The shop's pricebehavior surprised customers when everything got cheaper.
3. The study of how prices react to buyers and sellers.
Economists watch pricebehavior to understand the market.
4. The way a single product's cost acts compared to similar products.
The pricebehavior of this phone is steady, unlike other brands.