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price-competitive

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  • Competitive heterogeneity — is a concept from strategic management that examines why industries do not converge on one best way of doing things. Microeconomics predicts that competition will result in industries composed of identical firms offering identical products at… …   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 gouging — is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it… …   Wikipedia

  • Competitive equilibrium — Competitive market equilibrium is the traditional concept of economic equilibrium, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies …   Wikipedia

  • competitive — com‧pet‧i‧tive [kəmˈpettɪv] adjective COMMERCE 1. used to describe situations and behaviour in which businesses are trying very hard to be more successful than others, for example by selling their goods or services more cheaply than others: •… …   Financial and business terms

  • 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 fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …   Wikipedia

  • Price-cap regulation — is a form of regulation designed in the 1980s by UK Treasury economist Stephen Littlechild, which has been applied to all of the privatized British network utilities. It is contrasted with rate of return regulation, in which utilities are… …   Wikipedia

  • price-cut — price cutter, n. /pruys kut /, v.t., price cut, price cutting. to reduce the price of, esp. to gain a competitive advantage. [1920 25] * * * …   Universalium

  • price-cut — price cutter, n. /pruys kut /, v.t., price cut, price cutting. to reduce the price of, esp. to gain a competitive advantage. [1920 25] …   Useful english dictionary

  • price point — price′ point n. bus the price for which something is sold on the retail market, esp. in contrast to competitive prices …   From formal English to slang

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