Прочтите текст и письменно переведите на русский язык 1, 2 и
3-й абзацы.

Price

Price is the quantity of payment or compensation given by one party to another
in return for goods or services.
In modern economies, prices are generally expressed in units of some form of
currency. (For commodities, they are expressed as currency per unit weight of the
commodity.) Although prices could be quoted as quantities of other goods or services
this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of
vouchers such as trading stamps and air miles. In some circumstances, cigarettes have
been used as currency, for example in prisons, in times of hyperinflation, and in some
places during World War 2. In the black economy, barter is also relatively common.
In many financial transactions, it is customary to quote prices in other ways.
The most obvious example is in pricing a loan, when the cost will be expressed as the
percentage rate of interest. The total amount of interest payable depends upon the
loan amount and the period of the loan.
Price sometimes refers to the quantity of payment requested by a seller of
goods or services, rather than the eventual payment amount. This requested amount is
often called the asking price or selling price, while the actual payment may be called
the transaction price or traded price. Likewise, the bid price or buying price is the
quantity of payment offered by a buyer of goods or services, although this meaning is
more common in asset or financial markets than in consumer markets.


Задание 5.
Прочтите последний абзац текста и вопрос к нему. Из пред-
ложенных вариантов выберите правильный ответ на вопрос.

What do we call the requested payment quoted by the seller?

a) the buying price
b) the selling price
c) the transaction price