Keyword: Price

How Much Is Anything Worth? (7/7/2006)

Price must cover cost for business survival but its level above cost varies with the product life cycle.

Keywords: auction, commodity, consumer surplus, innovative products, Price, price determination, product life cycle, production cost, profit

Is a Fine a Price? (9/1/2005)

A fine which normally connotes shame can be confused with a price which connotes right if a fine is not properly implemented.

Keywords: day care, daycare, fine, price, pricing, tardiness, tardy

Marginal Revenue of Perfect Price Discriminators (11/17/2007)

The marginal revenue of perfect price discriminators is equal to price.

Keywords: economic surplus, efficiency, marginal revenue, marginal willingness to pay, MR, MWP, P, perfect price discrimination, price, profit maximization, reservation price, total willingness to pay, TWP

Paid Attention (10/20/1999)

Customers' attention has always been a scarce resource, but has never been paid for in cash until now in cyberspace.

Keywords: advertising, alladvantage, attention, attention broker, cybergold, in cash, in kind, price, scarce resource, scarcity

Slippery Oil (9/7/2005)

Oil is a fungible world commodity that should be sourced where it is the cheapest and sold to the highest bidder regardless of national boundaries.

Keywords: Alaska, ANWR, conservation, energy independence, oil, price