"Price" Essays and Research Papers

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Silver price fluctuations

was often more valuable than gold. Silver is currently about 1/50th the price of gold by mass, and 70 times more valuable than copper. Silver did once trade at 1/6th to 1/12th the price of gold, however, the discovery of great silver deposits in the Americas. These new discoveries made the price of silver fall dramatically, due to the excess supply prices were forced down, as the demand did not match supply at so high price levels. Demand for silver has changed over the past years. Firstly, the...

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Petrol Price Hike

Impact of Petrol Price Hike Economics State-run oil companies announced a hike of Rs 7.50 per litre in petrol prices - a direct fall-out of elevated international crude oil prices, which had until now not registered a pass-through in domestic market prices; thereby impacting the financial and liquidity position of oil marketing companies (OMCs) in the country. A depreciating rupee has only added to this pressure. While diesel and LPG prices have been left untouched, this move is expected to provide...

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Setting Product or Service Prices

Setting a price for a service or product can be very difficult. Patients are now checking to see prices on certain non-emergent services before having them performed. Patients also check prices on medications before they have prescriptions filled. What are the different methods and seven steps for setting an initial price for a product or service? There is much dissatisfaction with the prices of health care services. Consumers face rising co-payments and deductibles, employers are feeling the pinch...

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Intermediate Price Theory

Intermediate Price Theory Problem Set 1 -- Supply and Demand 1. Assume that the United States demand curve for corn is QD = 80 - 2P where P is the price of corn (in dollars per bushels) and QD is the quantity of demanded of corn ( in billions of bushels) and that QS = 20 + 4P is the supply curve for corn where QS is the quantity of corn supplied (in billions of bushels). a. What are the equilibrium price and quantity? At equilibrium,...

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Fisher Price Case Analysis

FISHER-PRICE CASE ANALYSIS I. PROBLEM The main problem facing Jack Asthalter, Fisher-Price’s marketing vice president is whether or not to move forward with the production of a new ATV Explorer toy. The extensive market research that Fisher-Price performed with children and their parents was very positive in favor of producing the ATV Explorer. Unfortunately, the production costs were going to exceed initial estimates of $12.00 retail and instead require a wholesale price of $9.20 per...

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Outline the Main Benefits and Costs to Society from Advertising. Does Advertising Necessarily Lead to a Higher Price for the Product?

Outline the main benefits and costs to society from advertising. Does advertising necessarily lead to a higher price for the product? Advertising is an important component of the promotion of the marketing strategy, along with direct marketing, PR etc. The aim is to promote business and communicate the information to the intended audience to increase sales. Businesses that continue to advertise regardless of economic times have a competitive advantage over businesses that trim their ad budgets...

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Setting Export Prices with a Marketing View

Setting export prices with a marketing view Price is the only one of the 4 P's that produces revenues. Set the right price is fundamental as pricing for the foreign market is more complex than in the home market. Exporter must decide whether its exported product price will be higher, at the same level or lower than in the domestic market. Too often, in fact, companies forget to think about the customers and define prices just looking at the production costs. This behaviour is likely to drive a...

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Methods for Performing Price Analysis

various methods for performing price analysis and describe which method is the best for the widest variety of situations. To do this we will take a brief look at the seven price analysis methods called out in the Federal Acquisition Regulation (FAR) 15.404-1(b), and do a comparison of them. Price Analysis Methods To quantify if the asking price is reasonable, without having to scrutinize all of the cost or profit details included in the price, the government uses price analysis methods as follows...

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Differentiate Between a Price Ceiling and a Price Floor

Macroeconomics LP4 Assignment A price ceiling is a sort of price control governments have imposed to control the price when the price is higher than it should be.  Sellers try to sell more of their product because the price is high.  But buyers do not want to buy at that pricePrice ceilings commonly lead to shortages and are typically associated with long lines. When a new toy or video game comes out there is usually some kind of wait, whether in line or on a waiting list. When “tickle me...

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fuel price

Hi guys, my name is Betty. I am the lead of my group today. I am goanna talk about fuel prices. The issue of fuel is very complex. First, what is fuel? It is material such as coal, gas, or oil that is burned to produce heat or power. And these 3 energies occupy the major parts of fuel use. In the past few years, fuel prices went up rapidly. Each country is very sensitive on the price. What causes fuel prices to rise and fall? For instance, let us have a look at oil. There are two main reasons...

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