Ads
related to: zazzle free shipping minimum price
Search results
Results From The WOW.Com Content Network
A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the ...
Dumping, in economics, is a form of predatory pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price below the normal price with an injuring effect. The objective of dumping is to increase market share in a foreign market by driving out competition and thereby ...
1904 cartoon warning attendees of the St. Louis World's Fair of hotel room price gouging. Price gouging is the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair. [who?] Usually, this event occurs after a demand or supply shock.
Price-cap regulation. Price-cap regulation is a form of incentive regulation capping the prices that firms in a natural monopoly position may charge their customers. Designed in the 1980s by UK Treasury economist Stephen Littlechild, it has been applied to all privatised British network utilities. It is contrasted with both rate-of-return ...
Reservation price. In economics, a reservation (or reserve) price is a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service. Reservation prices are commonly used in auctions, but the ...
Vincent Leonard Price Jr. (May 27, 1911 – October 25, 1993) was an American actor, art historian, art collector, and gourmet cook. He appeared on stage, television, and radio, and in more than 100 films. Price has two stars on the Hollywood Walk of Fame, one for motion pictures and one for television. [1]
Ad
related to: zazzle free shipping minimum price