[PYTHONDJANGO]

Please explain how "the market" does set a price.

Please do not do that in a symbolic, abstract way, please describe based on facts who writes a number into a computer that will be the price.

How does this happen?

Do you believe that there is a mythical "market" entity that "creates prices"?

Then please explain how it works. Thanks!

[drekipus]

> please describe based on facts who writes a number into a computer that will be the price.

The person selling the goods, with a limited but sole-focused understanding of the competitors, stock coming in, stock going out, and forecasting does the best job he can to set the price that maximizes his individual profits