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In economics, a reservation (or reserve) price is a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service. Reservation prices are commonly used in auctions, but the concept can be ...
Gender research has heavily focused on the interaction between gender and the economy. Typically, research in this area involves the issue of the gender pay gap.Another aspect of gender research in economics is the less studied issue of gender-based price disparities in the cost of goods and services across different industries.
Shopify is the name of its proprietary e-commerce platform for online stores and retail POS (point-of-sale) systems. The platform offers retailers a suite of services, including payments, marketing, shipping and customer engagement tools. [2] As of 2024, Shopify hosts 5.6 million active stores across more than 175 countries. [3]
For example, merchants who joined Shopify in 2020 saw their sales grow nearly 100% by 2023. Sellers stay with Shopify because the company strives to make its platform easy to use.
Price discrimination (differential pricing, [1] [2] equity pricing, preferential pricing, [3] dual pricing, [4] tiered pricing, [5] and surveillance pricing [6]) is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider to different buyers based on which market segment they are perceived to be part of.
Pricing is the process whereby a business sets and displays the price at which it will sell its products and services and may be part of the business's marketing plan.In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of the product.
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