refrigerator price!

refrigerator price

Comprehensive Analysis

1) "Refrigerator" -- As to refrigerator price re·frig·er·a·tor Pronunciation: ri-'fri-j&-"rA-t&r Function: noun : something that refrigerates; especially : a room or appliance for keeping food or other items cool Pronunciation Symbols A refrigerator with its door open A refrigerator (often called a "fridge" for short) is a cooling appliance for the storage and preservation of perishable food; food kept in a refrigerator lasts longer than that left at room temperature as the cold inhibits bacterial growth. A refrigerator maintains a cold temperature above the freezing point of water. The refrigerator is a relatively modern invention amongst kitchen appliances. It replaced the common icebox which had been a household item for almost a century and a half prior, and is sometimes still called by the original name "icebox". The word freezer is generally used to describe an appliance that keeps foods frozen. Freezers are common as household units for storing food but are also used in commercial settings. Most freezers operate around -18 °C (0 °F). Domestic freezers can be included as a compartment in a refrigerator or can be standalone units. Domestic freezers are generally upright units, resembling refrigerators, or chests, resembling upright units laid on their backs. Many modern freezers come with an icemaker. Commercial fridge and freezer units, which go by many other names, were in use for almost 40 years prior to the common home models. The fact that they operated with toxic ammonia gas systems made them unsafe for home use. Practical household refrigerators were introduced in the 1920s and gained wider acceptance in the 1930s as prices fell and non-toxic, nonflammable synthetic refrigerants, such as Freon or R-12 refrigerants were introduced. 1 How a refrigerator works 2 Types 3 Features 4 Media 5 References 6 See also 7 External links <..." 2) "Price" -- As to refrigerator price 1price Pronunciation: 'prIs Function: noun Etymology: Middle English pris, from Anglo-French, from Latin pretium price, money; probably akin to Sanskrit prati- against, in return -- more at PROS- 1 archaic : VALUE, WORTH 2 a : the quantity of one thing that is exchanged or demanded in barter or sale for another b : the amount of money given or set as consideration for the sale of a specified thing 3 : the terms for the sake of which something is done or undertaken: as a : an amount sufficient to bribe one <believed every man had his price> b : a reward for the apprehension or death of a person <an outlaw with a price on his head> 4 : the cost at which something is obtained <the price of freedom is restraint -- J. Irwin Miller> Pronunciation Symbols For people whose family name is Price see Price (disambiguation). In economics and business, the price is the assigned numerical monetary value of a good, service or asset. The concept of price is central to microeconomics where it is one of the most important variables in resource allocation theory (also called price theory). Price is also central to marketing where it is one of the four variables in the marketing mix that business people use to develop a marketing plan. 1 Conventional definition 2 Relative and nominal price 3 Marxian price theory 4 Austrian theory 5 See also 6 External links 7 References In ordinary usage, price is the quantity of payment or compensation for something. People may say about a criminal that he has 'paid the price to society' to imply that he has paid a penalty or compensation. They may say that somebody paid for his folly to imply that he suffered the consequence. Economists view price as an exchange ratio between goods that pay for each other. In case of barter between two goods whose quantities are x and y, the price of x is the ratio y/x, while the price of y is the ratio x/y. This however has not been used consistently, so that old confusion regarding value frequently reappears. The value of something is a quantity counted in common units of value called numeraire, which may even be an imaginary good. This is done to compare different goods. The unit of value is frequently confused with price, because market value is calculated as the quantity of some good multiplied by its nominal price. Theory of price asserts that the market price reflects interaction between ..." 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