Now remember the only thing we're varying here is the price.

We've been talking about the law of demand and how if we hold all else equal, a change in price, price goes up, the quantity demanded goes down and the price goes down, the quantity demanded goes up.

So I'm just going back to what I said earlier.

Price

I'll agree to the terms if you lower the price.

Then auctions like eBay are another example of dynamic pricing.

So a demand schedule, it shows a relationship between price and quantity demanded.

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.

Always too hot or too cold or too rainy or too windy.

Alright?

It's not about low cost.

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.

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.

It's hard for Americans to agree on the definitions of cruel and unusual.

How could you have prices that kind of move?

It turns out we made this pretty easy.

And this is a definite integral, right?

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

Here is the 4th article again, protected by JSTOR.

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

It would be better to agree to the terms.

Reread the Charter, Article 14, Section 31.

And the value is a tuple where the first entry in the tuple is the weight of the item in kilograms and the second entry is the monetary value of the tuple in dollars.

So that's fine.

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

And that caused housing prices to go up.