highest price

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• Price skimming — is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management. It allows the firm to recover its sunk… …   Wikipedia

• price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

• price ceiling — / praɪs ˌsi:lɪŋ/ noun the highest price which can be reached …   Marketing dictionary in english

• price ceiling — / praɪs ˌsi:lɪŋ/ noun the highest price which can be reached …   Dictionary of banking and finance

• Price mechanism — is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply.[1] A price mechanism or market based mechanism refers to a wide variety of ways to match up buyers and sellers… …   Wikipedia

• Highest and best use — is a concept in real estate appraisal. It states that the valueof a property is directly related to the use of that property; the highest and best use is the reasonably probable use that produces the highest property value. This use, the Highest… …   Wikipedia

• Highest quality is lowest cost — is a Japanese manufacturing aphorism based on the premise that the highest quality manufacturer will earn a reputation that makes buyers prefer, price being reasonably similar, to buy its goods. This means that the manufacturer will produce more… …   Wikipedia

• Highest — High High, a. [Compar. {Higher}; superl. {Highest}.] [OE. high, hegh, hey, heh, AS. he[ a]h, h?h; akin to OS. h?h, OFries. hag, hach, D. hoog, OHG. h?h, G. hoch, Icel. h?r, Sw. h[ o]g, Dan. h[ o]i, Goth. hauhs, and to Icel. haugr mound, G. h[… …   The Collaborative International Dictionary of English

• Price dispersion — In economics, price dispersion is variation in prices across sellers of the same item, holding fixed the item s characteristics. Price dispersion can be viewed as a measure of trading frictions (or, tautologically, as a violation of the law of… …   Wikipedia

• Price fixing cases — USAir TravelOn 1 August 2007 it was reported that British Airways has been fined £121.5 million [ cite news | title = BA gets £121.5m price fixing fine| publisher = BBC News | date = 8 January 2007 | url =… …   Wikipedia

• Price Discrimination — A pricing strategy that charges customers different prices for the same product or service. In pure price discrimination, the seller will charge each customer the maximum price that he or she is willing to pay. In more common forms of price… …   Investment dictionary