These prices are ex works.

The price of admission.

Anyway, fair enough.

When you have a bunch of vacant houses, people lower rents.

They impose a huge export tax on rare earth elements.

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

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

So that's fine.

Our price is considerably higher than the current market price.

Because we know that the book value per share is 5.

So the first one I'd like to parce is the idea of market value.

Then auctions like eBay are another example of dynamic pricing.

I can go and sell it in the NASDAQ.

So now let's play with some scenarios of what happens, maybe, when the market value of the house changes.

So we have to be careful.

And B is expected to make 4 per share.

So let's call that market equity.

I'm just making up numbers.

If this thing changes, this is going to move the curve.

And so let's just say Scenario A

And that tells you that the book value per share is 4.

Don't have a bigger sharper saw.

So I don't buy it on two counts.

Price

And this calculation, this multiplication of market price per share times the number of shares this is called the market cap

And you can imagine the other way, if the Kindle's price went down, then that would shift my demand curve to the right.

And I'm doing this just to show you a point

So maybe I have a a billion of these CDOs.

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

A couple of days ago, I made these videos on cupcake economics, where I talked about what happens when the cupcake factories have high utilization or low utilization.

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

With this price, your product would not be competitive in the Japanese market.

And then they would take a loss.

We actually ship more than twice as much of every form of information technology.

He put up a notice about the change in price.

So what will that do to our price quantity demanded relationship ?

But let's not get too complicated right now, I'll do a bunch of videos on that.

So it has a Price to Earnings of 50.

So in the last one, I touched on a little bit that the real lever that I, as the owner of my cupcake factory, can change is price.

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

What factory?

And because housing prices went up, what did that cause?

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.

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