Because to get that banana to your store, you need to use some gasoline.

Because batteries life cycle improve a bit of improvement on energy density, which reduces the price.

The oil is priced off the margin.

If you ever think about it, pricing that you negotiate yeah, we kind of have this price on paper, but that's just the starting point of the conversation.

Price

So technically I guess prices can be rounded off to the nearest cent.

Thorium reactor that Nathan Myhrvold's involved in.

Then auctions like eBay are another example of dynamic pricing.

liquidity and things like that in the future.

And the other?

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.

let's say that they are traded in some market.

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

Alright?

It's not about low cost.

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

Or, God forbid, if housing prices actually go down.

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

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

See...notice I get my axes confused

Let's say a guy invents a better light bulb.

The price of admission.

This is better than the median, because the

What drove prices to increase so fast?

And what we'll do in future videos is we'll actually explore situations in which that does happen.

How could you have prices that kind of move?

It turns out we made this pretty easy.

And we see that the last trade here was for 2.58.

But there are two types of prices.

It is traded.

That sounds about right. It's within the right range at least.

You would be correct that Company B was cheaper.

She's too young for this.

And you know that it's going to be 100.

Next thing I learned from Steve Jobs is

The entire curve, regardless of the price point at any given price point the quantity demanded will actually go down.

So I don't buy it on two counts.

It's the best price that someone's willing to give you for something.

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