The first three cost based pricing, value based pricing, or volume based pricing are all examples of fixed pricing tactics.

That's dynamic pricing.

Because the alternative to pricing on cost is pricing on value.

There's a third type of fixed pricing, and that's called volume pricing.

This dy is differential. dx is a differential.

They've just instituted dynamic pricing.

liked congestion pricing all along.

Whatever happens with congestion pricing and those technologies will be happening with road pricing.

What's a differential?

Homogeneous differential equation.

Math, differential equations.

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

Pricing is kind of the tactics.

Instead of pricing based on cost,

But there's another type of pricing.

But this you could almost use differential notation. dy is a differential and dx is a differential.

So the differential equations.

Here's differential productivity rates.

Our company decided on flat rate pricing.

I'd like to discuss pricing with you.

Well, how else would you set pricing.

Fixed pricing is just like it sounds.

As we said, the same with pricing.

It is called the differential,

What does a differential mean?

Differential equations are something different.

least the solvable differential equations.

We're solving a differential equation.

What is a differential equation?

But how do you think about pricing itself?

Dynamic pricing is exactly what it sounds like.

I won't dwell on the pricing at all.

Revenue streams. And what s our tactics? Pricing.

And what congestion pricing is is that it's a technology trial and a psychological trial for something called road pricing.

The marketing department is responsible for pricing new service.

Another type of dynamic pricing is real time markets.

Again, two types of pricing models fixed and dynamic.

That revenue model is different than the pricing tactics.

Let's do one more homogeneous differential equation, or first order homogeneous differential equation, to differentiate it from the homogeneous linear differential equations we'll do later.

That's what a differential essentially is.

So what is a differential equation?

So, they have this differential ? derivative. ?

We have solved this differential equation.

This was the original differential equation.

Because we're going to do congestion pricing, we are going to do road tolls, gas taxes are going to become road pricing.