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Acronyms that contain the term reservation price 

What does reservation price mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: reservation price.

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What does reservation price mean?

Reservation price
A reservation (or reserve) price is a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service. Reservation prices are commonly used in auctions, but the concept is extended beyond.

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