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It is College policy to calculate the Full Economic Costing (FEC) of all research proposals regardless of the type of funder, but the Price is set depending on a funder’s terms and conditions. Therefore, the price can be set at a level equal to, higher or lower than the FEC.
By including these rates, the full economic cost (fEC) of a research project can be determined – i.e. including the full direct costs, indirect and estates costs, and the Margin for Sustainability and Investment (MSI) adjustment.
The cost of a piece of research is how much it will cost your institution for you to undertake the research in question. In the UK this amount is calculated and described as the full economic cost (fEC). Details of the fEC are provided below; The price is how much you request (or, rather, eventually get) from your funder.
Then, a price is drawn from the distribution and the consumer decides whether to buy a single item of the good. Our main result establishes that the optimal price distribution consists of low and variable “sale” prices and a high and atomic “regular” price. The sale prices are chosen such that it is not.
1 sie 2017 · The purpose of the current research is to revisit the meaning of price to consumers in general, the deeper meanings that price has for people, and the conventional meanings that it...
1 lis 2023 · In other words, dynamic pricing fine-tunes prices to accommodate variations in price sensitivity of demand across micro-segments based on consumers, products, periods, and places.
An initial research proposal that forms part of a PhD application should be between 600 and 1,000 words in length. Get guidance on how to write a successful research proposal that ensures you get the most appropriate supervisor for your project.
