accordingly. A common technique to achieve this is by making it harder to get the lower prices‚ since wealthier consumers value their time more than their money. Some ways the monopolistic firms can implement discriminatory pricing are; • Linear Approximation Technique or Markup Pricing Technique • Personalized Pricing – extracting the maximum amount a customer is willing to pay for the product. • Coupons and Rebates – providing coupons to attract more customers or providing personalized discounts
Premium Monopoly Marketing Competition
manufactured in many sizes to fit for everybody. Generally they are in sizes Small (S)‚ Medium (M)‚ Large (L)‚ Extra large (XL) and Double Extra Large (XXL). The quantity ratio or assortment can be any one of the following approximate ratio. For approximation‚ an average size like L can be taken as in most cases the price is going to remain the same irrespective of the size selected. As a general rule we might assume that: Fabric consumption = 2X length of
Premium Costs Clothing
government expenditures are not substitutes for private expenditures and that current taxes are the taxes taken into account by consumers and firms. 3. The traditional Keynesain approach focuses on the short run and so assumes that as a first approximation‚ the price level is constant (no inflation or deflation of prices). Miller‚ R.L. (2012). Economics Today‚ 16ed. Addison-Wesley. p. 295. In today’s economy what fiscal policies would you implement? Right now our economy is in a recession‚ as a
Premium Keynesian economics Inflation Public finance
materials: The size of the sample must be big and readings must be taken randomly all over the observed area. But‚ the experiment is done on only a very small portion of the surface. So‚ in our calculations‚ the sample size is inadequate to give a good approximation for the surface roughness values. 3. Experimental error : The machine used to analyze the surface roughness has a very sensitive sensor. When the surrounding factors (e.g. wind‚ temperature etc) vary‚ it will affect the roughness of the surface
Premium Materials science
difficulties causes’ abnormal speech. Whereas‚ PRS’s children sometime presented with a small and curled epiglottis on itself (omega-shaped) is called laryngomalacia (Figure 4). That is a congenital abnormality of the laryngeal cartilage which approximation of the posterior edges of the epiglottis contributes to the inspiratory obstruction (Desir‚
Premium Childbirth Infant Pregnancy
Factorization using Markov Chain Monte Carlo Ruslan Salakhutdinov rsalakhu@cs.toronto.edu Andriy Mnih amnih@cs.toronto.edu Department of Computer Science‚ University of Toronto‚ Toronto‚ Ontario M5S 3G4‚ Canada Abstract Low-rank matrix approximation methods provide one of the simplest and most effective approaches to collaborative filtering. Such models are usually fitted to data by finding a MAP estimate of the model parameters‚ a procedure that can be performed efficiently even on very large
Premium Conditional probability Monte Carlo method
International Baccalaureate Extended essay cover Candidates must complete this page and then give this cover and their final version of the extended essay to their supervisal l Candtdate session number ~~----------~~ Candidate name School number ~-_..l~-Ye_ar_.._~)_~a School name Examination session (May or November) j Diploma Programme subject in which this extended essay is registered : r:~u~1S ·‚t.-~ t" ’ ’ (For an extended essay tn the area of languages‚
Premium Velocity Essay Rocket
Introduction: Apex Investment Partners was founded in 1987 by James A. Johnson and the First Analysis Corporation. In its eight-year life‚ the VC had raised three funds. The two first which are already closed had‚ together‚ a committed capital of around $70M. There were mainly concentrated in four areas: • • • • Telecommunication‚ information technology and software. Environmental and industrial productivity-related technologies. Consumer products and specialty retail. Health-care and related technologies
Premium Stock Discounted cash flow Fundamental analysis
Chapter 1: Physics and Measurement 1. The standard kilogram is a platinum-iridium cylinder 39.0 mm in height and 39.0 mm in diameter. What is the density of the material? 2. Two spheres are cut from a certain uniform rock. One has radius 4.50 cm. The mass of the other is five times greater. Find its radius. 3. Calculate the mass of an atom of (a) helium‚ (b) iron‚ and (c) lead. Give your answers in grams. The atomic masses of these atoms are 4.00 u‚ 55.9 u‚ and 207 u‚ respectively
Premium Mass Kilogram
1. Why can some deaf people speak clearer than others? Oral language is learned by listening. Children learn to speak by listening to what others say‚ understanding speech‚ mimicking and playing with vocal sounds‚ making closer and closer approximations of spoken words‚ and during all of this time experimenting with and formulating the underlying rules of the language they are exposed to. Most children with normal hearing have learned to speak reasonably well by the time they are 3 to 6 years
Premium Hearing impairment Audiogram Hearing