Keyword: price searcher
Make Me an Offer (3/26/2007)
A salesman on commission has an incentive to practice perfect price discrimination.
Keywords: commission, consumer surplus, haggling, incentive, perfect price discrimination, price searcher
Price Searchers, Price Discriminators, and Price Takers (9/19/2006)
The uniqueness of products affects the pricing power of sellers.
Keywords: output, price discriminator, price searcher, price taker, profit, reservation price
Pricing to Cost - But Which Cost? (10/13/2007)
Pricing to marginal cost may not cover fixed cost.
Keywords: consumer surplus, economic surplus, fixed cost, marginal cost, perfect competition, perfect price discrimination, price searcher, price taker, profit, two-part pricing, variable cost
Profit Maximization Under Single Pricing (transcript) (1/20/2012)
Single-price searchers maximize profit by setting a uniform price where marginal revenue is equal to marginal cost.
Keywords: diminishing returns, marginal cost, marginal revenue, MR = MC, price searcher, profit maximization, single pricing
Profit Maximization under Single Pricing (transcript) (1/29/2012)
Single-price searchers maximize profit by setting a uniform price where marginal revenue is equal to marginal cost.
Keywords: diminishing returns, marginal cost, marginal revenue, MR=MC, price searcher, profit maximization, single pricing
Profit maximization under single pricing (11/2/2011)
Single-price searchers maximize profit by setting a uniform price where marginal revenue is equal to marginal cost.
Keywords: diminishing returns, marginal cost, marginal revenue, MR=MC, price searcher, profit maximization, single pricing