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Fixed price is a phrase used in Indian English to mean that no bargaining is allowed over the price of a good or, less commonly, a service. As bargaining is very common in many parts of the world outside of Europe and North America, this term expresses an exception from the norm.

In the United Kingdom fixed price has a similar meaning, and commonly indicates that an external party (often the government) has set a price level, which may not be varied by individual sellers of a good or service.

As part of their rule of honesty and plainness, Quakers set a fixed price for their wares.

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This article is licensed under the GNU Free Documentation License. It uses material from Wikipedia


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