Fund Raising at the Margin (9/22/2006)
The MR = MC profit maximization rule could be applied to fund raising.
Keywords: fixed cost, marginal cost, marginal revenue, MC, MR, profit
Get in Where You Fit in (4/3/2003)
Quoting room rates according to the guest's elasticity of demand improves the bottom line when there is surplus capacity.
Keywords: fixed cost, hotel, price discrimination, profit, room rates, Senior discount, surplus capacity, variable cost
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
Marginal Revenue under Single-pricing - Price Searchers vs Price Takers (11/17/2007)
Single pricing leads to P = MR under price taking or P > MR under price searching.
Keywords: economic surplus, efficiency, price searching, price taking, profit, reservation price, single pricing, single-pricing
Market Entry (7/7/2006)
Barriers to market entry result in different market structure.
Keywords: barrier, capacity, capital, De Soto, durable goods, excessive entry, financing, innovative products, kickbacks, Market entry, market structure, mature products, patent, product cycle, profit, replacement purchases, tragedy of the commons, underground economy, World Bank
Maximization and Optimization at the Margin (7/7/2006)
Optimizing at the margin can bring about static economic efficiency.
Keywords: average benefit, entry, margin, marginal benefit, marginal cost, marginal revenue, Maximization, MB, MC, MR, optimization, pollution, profit, single pricing, tragedy of the commons
Mickey Mouse Economics (10/26/2002)
By spreading out large fixed cost over more customers, price discrimination directly increases Disney World's profit.
Keywords: average cost, Disney World, economies of scale, fixed cost, mickey mouse, price discount, price discrimination, profit
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
Streaming Revenues (6/22/2006)
Many companies earn more revenues from selling replacement parts than selling the complementary products.
Keywords: complementary goods, Dell, Hewlett-Packard, IBM, ink cartridges, printer, profit, razor, razor blades, replacement parts, third-party supplier
The Brand Game (9/11/2007)
Chinese companies try to move up the value chain by buying established brands.
Keywords: brand, Dirt Devil, IBM, prestige, profit, Revlon, Singer, value chain
The High-Tech Treadmill (6/22/2001)
The profit of New Economy business firms that have very high R&D fixed costs and very low marginal costs is brutally squeezed in economic downturn.
Keywords: average costs, business cycles, competitors, demand, fixed costs, hi-tech companies, investment, loss, marginal cost, new economy, obsolescence, profit, R&D, sales, software, upgrading, venture capital
Too Global To Be National? (6/18/2010)
US multinationals fatten their bottom lines by arbitraging wages, taxes, and regulations across countries.
Keywords: arbitrage, capital, intellectual property, profit, regulation, taxes, wages
