Prices depend on supply and demand.

Price

Then auctions like eBay are another example of dynamic pricing.

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.

The new model will be priced at 12,000.

And we've done some market study or we just know how the price is or how the demand is related to price, or price is related to demand.

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

Notice that the selling price is written in red.

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.

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

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.

So I'll pay 2 per share, which is a little bit of premium over the market value at the time, which was 1.

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.

And finally, American families also pay a price for oil.

let me do it for the same thing

And we saw that.

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

That is Scenario A, right over there.

That is Scenario E.

Our price is considerably higher than the current market price.