A Range of Prices refers to a collective noun phrase that encompasses a variety or span of prices. It denotes a collection, set, or group of prices that vary within a given context. This phrase evokes the concept of diversity and represents the spectrum of prices available for particular products, services, or goods. A range of prices can include both high and low price points, indicating the possible options and fluctuations for a specific item or category. The composition of a range of prices may depend on factors such as market conditions, demand-supply dynamics, quality, features, or other variables that determine pricing variations. Whether used in financial contexts, retail sectors, or comparative analysis, a range of prices implies a broad scope of potential costs, highlighting the different affordability levels and choices available to consumers and buyers.
Example sentences using Range of Prices
1) The range of prices for luxury cars varies from reasonable to exorbitant.
2) In a restaurant, you can find a range of prices on the menu to suit different budgets.
3) When shopping for furniture, you can find a range of prices to accommodate various design and quality preferences.