What do you mean, to a distributor?

Okay, so he's a distributor.

I turned him out at the streetlevel, but this dude's like the Jeffersons moving' on up.

The wholesalers might try to back out of the deal.

So for some industries, distributors play a pivotal role in the distribution of the product.

A retail merchant buys wholesale and sells retail.

Major drug trafficker in Panama. He was supplying to someone on this aircraft.

Wholesale prices had been basically flat.

Yes. Yes. That's what we need.

loans together and it folded it into a big, kind of did it on a wholesale basis it's sold a thousand

What I'm trying to say is that he's a distributor, right? He's a...

Discount rate

Now what can we do ?

The probability of reaching S prime given that we started state S and apply action A.

60 off.

These are 30 percent off.

Alan Marciano.

when the sale has a certain percentage ?

We could have also done it other way.

And it just depended on how the mathematics work out.

Free coupons. Discount Discount coupons.

Well, I don't give group rates, you know.

Another way to kind of just talk about this is to get the present value of 110 a year from now, we discount the value by a discount rate.

Let's say in every year it's going to make 1.

We could have said Let y equal the discount

5 minus this 2.

Thirty percent off for USC alumni.

So lets just say we're at the store and we're going to buy something and there is a sale.

Say he's wholesaling at 40 large a pound.

Do you have a student fare?

Well, that was x.

And this one that was in Kenya, they went around and distributed to people vouchers, discount vouchers.

Then to discount money in the future to the present, we divide it by 1 plus the discount rate so this is a 5 discount rate.

Are there special evening rates?

If I could get it for 90, that's a good deal for me.

So x minus twenty five percent x is equal to the sale price.

He took over the business.

Works part time at a copy store.

Are there any discount tickets for me?

But what if I wanted to generalize a little bit ?

Be silent. Keep your forked tongue behind your teeth.

Special rates for state and federal employees.

He sold his business and retired.

I took over the business from Father.

I sold license plate protectors door to door.