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  • Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… …   Wikipedia

  • Price war — is a term used in business to indicate a state of intense competitive rivalry accompanied by a multi lateral series of price reductions. One competitor will lower its price, then others will lower their prices to match. If one of the reactors… …   Wikipedia

  • price leader — ➔ leader * * * price leader UK US noun [C] MARKETING, COMMERCE ► a company that is the first to decide on a price for a particular product or service, which is then copied by other companies selling similar products or services: »A price leader… …   Financial and business terms

  • 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

  • cost — cost1 W1S1 [kɔst US ko:st] n 1.) the amount of money that you have to pay in order to buy, do, or produce something cost of ▪ the cost of accommodation ▪ I offered to pay the cost of the taxi. ▪ Insurance to cover the cost of a funeral is… …   Dictionary of contemporary English

  • Price index — A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to… …   Wikipedia

  • price — 1 /praIs/ noun 1 MONEY (C, U) the amount of money for which something is sold, bought, or offered: Fuel prices are rising steadily. (+ of): Can you tell me what the price of a new window would be? | They agreed on a price of 2000 for the car. |… …   Longman dictionary of contemporary English

  • Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …   Wikipedia

  • First DataBank — First DataBank, Inc. (FDB), currently owned by Hearst Corporation, is a publisher of pharmaceutical industry market information and information technology. The firm, headquartered in San Bruno, California, is best known for its controversial drug …   Wikipedia

  • Cost of conflict — is a tool which attempts to calculate the price of conflict to the human race. The idea is to examine this cost, not only in terms of the deaths and casualties and the economic costs borne by the people involved, but also the social,… …   Wikipedia

  • price — n Price, charge, cost, expense can mean what is given or asked in payment for a thing or for its use, or for services. Price and charge in their ordinary nontechnical use commonly designate what is asked or demanded in the case of price,… …   New Dictionary of Synonyms

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