It's not about low cost.

It has been made possible, by the way, for certain other different reasons.

So, I went online again and I looked at what an optimal sensor would look like.

Look, Pat, First Rate got that contract fair and square.

Because you're getting the same earnings for a lower price.

I love Lego Mindstorm, is which a wonderful way to experiment with these things.

Do Low Interest Rates Ensure High Asset Prices?

Price to Earnings, all else equal and that's a big thing all else equal, the lower the Price to Earnings, you're paying less for something.

And so, we're in a wonderful situation with electricity in the rich world.

Low Price to Earnings ratio implies that it's cheaper.

Software can do it faster.

That would power the U.S. for hundreds of years.

Price

Then auctions like eBay are another example of dynamic pricing.

A lot of hurdles.

We're not selling the car.

The goal of Tesla has always been to have a sort of three step process, where version one was an expensive car at low volume, version two is medium priced and medium volume, and then version three would be low price, high volume.

And what would make your customer's job or life easier?

People like Bill Buxton have been playing around with it in the '80s.

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.

It's very simple. It's cost plus markup.

AlDS drugs all over the world to people we cannot presently reach.

And you're going to pay a lower Price to Earnings ratio if the company isn't growing.

Southwest took on the airline industry by bringing up the traditional hub and spoke model and providing just very limited services but for an extremely low price.

They want to encourage high volume purchases, and so they have stepped pricing that is oriented to create volume.

So they will all be... it would look something like that.

Alright?

Thank you.

And that's the real big take away I wanted you to get at, is that high utilization of anything, of our aggregate capacity, prices will increase.

And this comes back to what we talked about in the last video.

So based on that, this looks cheaper.

So if you expect if before you thought prices were going to be roughly constant, and now you expect them to go down, now you are gonna say wow,

I could actually price on specific customer segments or on features I know they need.

And so the first of these that I will focus on the first is the price of competing products.

And both of them satisfy the law of demand if the price is really high the quantity demanded is going to be really low for the laptop and so it might be right over there and if the price is low the quantity demanded is going to increase.

Ninety nine pence was the starting price and no reserve.

And the Space Shuttle was going to solve those problems.

For any given price, it's going to lower the quantity demanded.

See...notice I get my axes confused