And I guess a good starting point is, well, what is inflation?

We just divide both sides by 0.75.

How could you have prices that kind of move?

Software can do it faster.

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

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

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.

So the highest marked price that I can afford is 66.67.

Then auctions like eBay are another example of dynamic pricing.

When economists refer to inflation today, they are referring to a general increase in the level of prices of goods and services.

It's actually 66.666 I hope you don't think I'm an evil person because of this number that happened to show up.

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.

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.

Consumption tax is not included in the display price.

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.

So if the sale is twenty five percent off of x, we could say that the new price, the sale price will be x minus twenty five percent of x is equal to the sale price.

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.

Show expanded service info

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

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

So that's fine.

Here is the key difference.

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

And that caused housing prices to go up.