communications corporation. The company makes a range of mobile devices with services and software that enable people to experience music‚ navigation‚ video‚ television‚ imaging‚ games‚ business‚ mobility and more. It is headquartered in Kielaniemi in Finland. Nokia is focused on wireless and wired telecommunications with 128‚445 employees in 120 countries and it sells in more than 150 countries. It is the world largest manufacture of mobile telephones and a leading supplier and fixed network” www
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Price discrimination in practice First and third degree discrimination in the train tariffs‚ etc. Price discrimination basically involves charging a different price to different groups of people for the same good. It needs some conditions. First of all‚ the firm must operate in an imperfect competition‚ it must be a price maker with a negative sloping demand curve. Second‚ the firm must be able to separate markets and prevent black market. Third‚ there would exist different consumer groups who
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MOBILE PHONE PLATFORM CAMERA DISPALY SAMSUNG S5 OS: Android OS‚ v4.4.2 (KitKat) Chipset: Exynos 5 Octa 5422 CPU: Quad-core 1.9 GHz Cortex-A15 & quad-core 1.3 GHz Cortex-A7 GPU: Mali-T628 MP6 RAM: 2 GB 16 MP‚ 5312 x 2988 pixels‚ phase detection autofocus‚ LED flash Video: 2160p@30fps‚ 1080p@60fps‚ HDR‚ dual-video rec. Secondary: 2 MP‚ 1080p@30fps‚ dual video call Size: 5.1 inches‚ ~432 ppi pixel density‚ Corning Gorilla Glass3‚ Fingerprint sensor Dust and water resistant - Water resistant up to
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teenagers waste money. I do not agree with this statement‚ because we spend a lot of money on food as most of us spend our time at school or courses. We spend money on clothes because looking smart and fashionable is very important today. We pay for mobile phones and the Internet. However‚ some people argue that teenagers have no idea of how difficult money is earned. I disagree‚ because many teenagers have part time jobs and realize that to make good money they have to be hardworking‚ reliable and intelligent
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Uses of Mobile Phone Every day millions of people are on their phones- talking‚ texting‚ taking pictures. Personally‚ I can’t go a day without my phone. Once I was in such a rush to get to school that I didn’t realize I had forgotten to grab my phone from my desk. Throughout the school day‚ I felt empty and incomplete. I had only forgotten my phone a handful of times in all the years I have owned a cell phone. The day seemed to go on for forever. All I kept thinking about was what things I was
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too much on our mobile devices and‚ perhaps as a result‚ we’re abandoning some real world know-how in favor of convenience. Here we consider what most of us would essentially have to relearn without access to smartphones. Unlike the traditional cell phones‚ smartphones put the Internet in your pocket so you will be able to surf the Internet at any time on your phone. For instance‚ with your smartphone‚ you are able to search recipe websites and locate new recipes to cook. The phone also offers news
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Introduction to price discrimination In our study of the theory of the firm we have assumed so far that a business charges a single price for its products‚ naturally the reality is different! Most businesses charge different prices to different groups of consumers for the same good or service. Businesses could make more money if they treated everyone as individuals and charged them the price they are willing to pay. But doing this involves a cost‚ so they have to find the right pricing strategy
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Price discrimination Price discrimination is the practice of selling the same product at different prices to different customers‚ when there is no difference in the cost to produce the product. Price discrimination is done to maximize profits. This occurs when market prices are set differently to different buyers‚ according to the willingness of each buyer to pay (demand curve) rather than setting a uniform price. It can be seen in the image below how if the seller kept the uniform price of Africa’s
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Cell phones have become a necessity for many people throughout the world. The ability to keep in touch with family‚ business associates‚ and access to email are only a few of the reasons for the increasing importance of cell phones. Today’s technically advanced cell phones are capable of not only receiving and placing phone calls‚ but storing data‚ taking pictures‚ and can even be used as walkie talkies‚ to name just a few of the available options. When cell phones were first introduced to the public
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Price Differentiation vs. Price Discrimination Price differentiation and price discrimination: two terms used in Marketing and Economy. First of all‚ it is appropriate to make an accurate definition for both of the terms. Price differentiation is a pricing strategy that “charges different segments of customers altered prices for the same products or services.” Likewise‚ we can meet with the same definition if we look for price discrimination definition. Then‚ is there a difference between price
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