They pay 1 million.

It's why the purchase price is so high.

So of course, what matters in a home?

So at 2 more people would wanna buy 'cause things gonna go up.

Then auctions like eBay are another example of dynamic pricing.

So, and maybe in particular the people who were going to buy this car at any given price point

If the price is high, very few people are going to want to buy it, and I'm not going to specify what the price is, but this is a general idea if the price is higher, fewer people are going to want to buy it

The price of admission.

But there are two types of prices.

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

It turns out we made this pretty easy.

If you expect the future price to go up and the good or the product in question is something that you can store, well, depending on how much you expected to go up, you're probably more likely to buy now buy before the price goes up.

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

I have a subscription to Time.

There's no haggling.

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

Look, Pat, First Rate got that contract fair and square.

Please inform us as to what quantity you can deliver at regular intervals.

Now I'm making 300,000 a year. This seems like a good idea.

Set a price for this item

Preston promised his car would sell for 1,000.

...I'm printing the money so that I can buy particular assets,

How hard can that be?

But they actually are calculated in slightly different ways.

So let's talk about our first scenario here, where let's say this curve, people didn't expect prices to change for my e book and now all of a sudden, people expect there's a change in expectation.

Let's take a look.

Well, let's put a tax on oil that is a non revenue tax, and it basically says for the next 20 years, the price of oil will be whatever you want, 35 bucks, 40 bucks.

Practical implementations often guess the number of clusters along with the parameters.

I think Bernanke's exact words were that, we're not going to buy at fire sale prices, we're going to buy at hold to maturity prices.

Price

This was an ad in The Economist a few years ago that gave us three choices an online subscription for 59 dollars, a print subscription for 125 dollars, or you could get both for 125.

And the investors collectively buy these shares for 1.1 billion.

The prices of Japanese automobiles are still comparatively high.

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licensing and intermediation and direct sales, etc.

One is fixed prices.

But there's another type of pricing.

What s the revenue stream. That s our strategy.

And then kind of the third common errors, my price hast to be less than my competitor's price.

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

The stock market is a real time market.

Obviously a 6 Price to Earnings of 20 times 2013 earnings isn't as good as a 6 Price to Earnings of 2010, because earnings in the future aren't worth as much as earnings today.

Cost plus market, value pricing, and volume price are all examples of fixed pricing tactics.

I kind of feel Jensen is trying to scream at us and say, Look, this was a big deal.