Keyword: commodity
Cleaning Up the Detergent Market (1/25/2012)
A cartel in detergents broke up over defections from agreed prices and promotion practices.
Keywords: antitrust, cartel, commodity, detergent, oligopoly, price collusion, price fixing, prisoner's dilemma, promotion
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
Pricing and economic surplus (7/7/2006)
Pricing affects how economic surplus is distributed between consumers and producers and thus the incentive and resources to come up with innovative products.
Keywords: commodity, consumer surplus, economic surplus, innovative products, marginal cost, marginal revenue, monopoly, perfect competition, price discrimination, reservation price, single pricing
Survival of the Fittest (3/7/2002)
In the PC business, low profit and generic products are compatible with market domination.
Keywords: commodity, Dell, direct marketer, direct sales, generic products, inventory, market share, PC, product innovation, profit margin, R&D, survival of the fittest