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Price theory is concerned with explaining economic activity in terms of the creation and transfer of value, which includes the trade of goods and services between difierent economic agents. A puzzling question addressed by price theory is, for example: why is water so cheap and diamonds
6 wrz 2016 · In their study, Kotler & Armstrong (2018) identified price matches, price lists, special discounts, and recognized prices as significant pricing indicators. ...
price theory--the analysis of why things cost what they do and of how prices function to coordinate economic activity. This book is organized into six sections.
European Journal of Economics and Economic Policies: Intervention. On the empirical regularities of Sraffa prices
22 lis 2010 · PDF | We study the properties of a profit-maximizing monopolist's optimal price distribution when selling to a loss-averse consumer, where (following... | Find, read and cite all the research...
This book is intended for a two-semester course in Economics taught out of the social sciences or business school. Principles of Economics aims to teach considerable range and depth of Economic concepts through an approachable style and methodology.
A classic example of the price theoretic approach, which I plan to exposit formally in the introduction, is Dixit and Sandmo (1977)’s characterization of optimal linear income taxes in terms of two prices: the elasticity of taxable income with respect to the tax rate and an