choke price

noun

The minimum price of a good or service that would result in zero quantity being demanded.

Meanings

nounchoke price (plural choke prices)

plural choke prices

  1. The minimum price of a good or service that would result in zero quantity being demanded.
Cite this entry
APA

choke price. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/choke%20price

MLA

“choke price.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/choke%20price. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “choke price,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/choke%20price.

Source: choke price on Wiktionary, CC BY-SA 4.0.