Market price is the current price at which a good or service can be bought or sold in a marketplace. It is determined by the forces of supply and demand, meaning that when more people want to buy a product than there are available, the price tends to rise. Conversely, if there is more supply than demand, the price usually falls. Market price can fluctuate frequently due to various factors, including changes in consumer preferences, production costs, and economic conditions. It serves as a key indicator for businesses and investors, helping them make informed decisions about buying, selling, or investing in stocks, real estate, or other assets.