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Just Price in the Markets : A History
A concise history of “just price,” from Aristotle to the present day The question of what constitutes a fair price has been at the center of market interactions since the time of Aristotle.Should a seller sell to the highest bidder, or is there some other standard, such as a morally defined price, to be applied?Charles R. Geisst traces the ways that philosophers, religious leaders, and economists have sought to answer that question, from antiquity through the modern era. Aristotle’s thinking on usury influenced the idea of pricing well into the Renaissance.In his view, money was barren and should not be used to beget more money.As trade became more extensive, the strictures placed on pricing by Aristotelian thinking began to fall away, replaced by Roman and common-law conceptions of value and interest.Geisst’s book follows the evolution of that thought—influenced along the way by figures such as Copernicus, Fibonacci, Adam Smith, Marx, Cassel, and Keynes—and charts parallel developments in European and Islamic notions of fair pricing. Today, pricing is seen as an economic inevitability, dictated by the laws of supply and demand.But this has not always been the case. As Geisst argues, the idea of a just price was once a moral concept, long before it was an economic one.
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Active Price Management : Be a Price Maker, Not a Price Taker!
This book demonstrates how to transform pricing, often considered the neglected aspect of marketing, into the most influential marketing tool that positively impacts the company's profits in a sustainable manner.Ultimately, every aspect of marketing is reflected in the price, as it represents the customer's value exchange for the other three value-creating marketing instruments: the product (functional value), communication (emotional value), and distribution (availability).The authors present the essential framework conditions and fundamental principles of active price management.They specifically emphasize those aspects that have proven particularly relevant to business practice through the Executive Education program at the University of St.Gallen (HSG).
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200pcs Sale Tag Signs Shop Price Tag Price Burst Sign Shop Price Tag
200pcs Sale Tag Signs Shop Price Tag Price Burst Sign Shop Price Tag
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The Price
Price: 8.99 £ | Shipping*: 3.99 £
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Usury price or regular price?
The concept of usury price refers to an excessively high interest rate charged on a loan, often considered unfair or exploitative. On the other hand, regular price refers to the standard or customary price for a good or service. In general, usury price is considered unethical and may be regulated by laws, while regular price is based on market conditions and competition. It is important to be aware of usury practices and seek fair and transparent pricing in financial transactions.
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How do price increases and price decreases work?
Price increases occur when the demand for a product or service exceeds the supply, leading to higher prices. This can also happen when production costs increase, forcing companies to raise prices to maintain profitability. On the other hand, price decreases occur when there is an oversupply of a product or service, or when production costs decrease, allowing companies to lower prices to remain competitive. Both price increases and decreases are influenced by market forces, such as supply and demand, as well as production costs and competition.
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What was the price before the price increase?
The price before the price increase was $40.
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How can one view the price history of a game on Steam?
To view the price history of a game on Steam, you can use third-party websites such as SteamDB or IsThereAnyDeal. These websites provide historical data on the price changes of games on Steam, allowing you to see when a game was on sale and at what price. You can also use the Steam client to view the price history of a game by clicking on the "View price history" link on the game's store page. This will show you a graph of the price changes over time.
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Price's Price
Stanley Price has dreamt since childhood of exploring the world.But, when the army posts him to Hong Kong in the 1960s, this officer, scoundrel and rake falls for the glamour, the girls and the gung-ho attitude.Swept along and seduced by this free-wheeling city, he is sucked into a delightful vortex of beer, women and bribes.His dreams remain ever-present but out of reach. Until, that is, he falls for a young lady who could be his redemption - or his nemesis.
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Price Setting
The prices of some products fluctuate dramatically, while others remain more constant.What accounts for these extreme differences? Renowned economist Truman F. Bewley investigates and elucidates this puzzling problem.Its crux, he argues, is that differentiated product prices are usually stable, whereas the prices of undifferentiated products – for which buyers can easily find comparable substitutes – are often volatile.Although product differentiation gives producers market power, this power alone does not guarantee price stability.There are nearly undifferentiated products whose producers have market power yet for which prices are unstable.Weakness of product differentiation makes it so advantageous for producers to compete on price that they do so and forego the benefits and stability of price collusion.Producers of truly differentiated goods prefer to compete on product performance rather than price and find that reducing prices during recessions does little to increase demand. Based on hundreds of interviews with businesspeople responsible for setting prices, Bewley’s book is an unusual and groundbreaking work, with findings vital for economists, students, and policymakers.
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Price difference
Price difference
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Fortune’s Price
1830, Russia and Poland. In a time of war and cholera, two men compete for a Prince’s fortune, but in autocratic Russia, fame and riches come at a cost. When Andrey, a disgraced and impoverished young officer, claims to be the heir to Vasily’s family wealth, Vasily is forced to leave the comfort of his country estate and return to St Petersburg to investigate.Seeking the truth, he rediscovers his lost love and reveals a story of deception and fatal intrigue that threatens to cost him his life. To prove himself, Andrey marches to war, while the woman he loves, Vasily’s cousin, Nadezhda, must contrive to repel other suitors as she prays for his safe return. When the past is uncovered, hard choices must be made.Will either man be prepared to pay fortune’s price?
Price: 10.99 £ | Shipping*: 3.99 £
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Why is the maximum price below the equilibrium price?
The maximum price is set below the equilibrium price in order to prevent prices from rising too high and becoming unaffordable for consumers. By setting a maximum price, the government or regulatory body aims to protect consumers from price gouging and ensure that essential goods and services remain accessible to all members of society. This intervention is typically used in situations where there is a concern about market power or unfair pricing practices that could harm consumers.
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What is the cubic price in square meter price?
The cubic price in square meter price refers to the cost of a property based on its volume as opposed to its surface area. This means that instead of just considering the floor space, the price is calculated based on the total volume of the property. This can be relevant for properties with high ceilings or multiple levels, as it takes into account the entire space rather than just the footprint. The cubic price in square meter price can be useful for comparing properties with different layouts and dimensions.
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Are books from buecher.de price-fixed or not price-fixed?
Books from buecher.de are not price-fixed. This means that the prices of books on buecher.de can vary depending on the retailer and any promotions or discounts they may offer. This allows for competition among retailers and gives customers the opportunity to find the best price for the books they are interested in purchasing.
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What is the difference between price elasticity and price responsiveness?
Price elasticity and price responsiveness both measure the sensitivity of quantity demanded to a change in price, but they are calculated differently. Price elasticity of demand is a unit-free measure that compares the percentage change in quantity demanded to the percentage change in price. It can be used to determine the degree of responsiveness of quantity demanded to a change in price. On the other hand, price responsiveness is a more general term that refers to the overall sensitivity of quantity demanded to a change in price, and it can be measured using various methods, such as the arc elasticity formula or the point elasticity formula. While price elasticity is a specific measure of responsiveness, price responsiveness is a broader concept that encompasses various ways to measure the relationship between price and quantity demanded.
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