Prices range from the low 30 to the high 50.

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

Now suppose that after you take your learn parameters, if you test your hypothesis on the new set of houses, suppose you find that this is making huge errors in this prediction of the housing prices.

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

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.

It should be a value based decision.

How could you have prices that kind of move?

Well in this case I paid 100 for the bank account.

It is traded.

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

No, what happened to us, Chris, is that power, it's priced off the margin.

It's not about low cost.

So let's say it's 1.05.

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

Anyway, going back to Price to Earnings, we calculated the

Price

I'm going to use for the customer segment.

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

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

Then auctions like eBay are another example of dynamic pricing.

And this is very relevant to what's going on in the world today.

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

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

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

Alright?

1x minus 0.25x.

Trust me when I tell you that.

After 50 years of improvements, the same washing machine costs 3,195 CHF.

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

Even that banana that you buy at the grocery store.

Renee was referenced.

Let's look at these cases a little bit more carefully and figure out what's going on.

What is the price?

Now let's think about related goods.

So this is a completely comparable value to this 26,000.

These prices are ex works.

Does the price include breakfast?

There is no free market for oil.

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

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

That's a mistake.

Because 1 minus 0.25 is 0.75.

liquidity and things like that in the future.

Par value

Redemption