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Karl Storz Endoscopy Canada Ltd. was established in December 1995 to offer Canadian customers even more direct support. [24] After the death of Karl Storz in 1996, his daughter, Sybill, assumed leadership of the company. [25] Under her guidance, the company registered over 100 new patents and achieved annual sales growth rates of 15 to 20 ...
Cost-push inflation is a purported type of inflation caused by increases in the cost of important goods or services where no suitable alternative is available. As businesses face higher prices for underlying inputs, they are forced to increase prices of their outputs. It is contrasted with the theory of demand-pull inflation.
Here, the separate concepts of product-values and product-prices are regarded as essential for a theory of market dynamics and capitalist competition; it is argued that price behaviour in aggregate cannot be understood or theorised about at all without reference to value-relations, explicitly or implicitly.
the private or enterprise production price which forms the starting-point of the analysis in the first chapter. This price equals the cost-price and normal profit on production capital invested which applies to the new output of a specific enterprise when this output is sold by the enterprise (the "individual production price" [33]). The rate ...
It is a major concept in Karl Marx's critique of political economy. Conventionally, value-added is equal to the sum of gross wage income and gross profit income. However, Marx uses the term Mehrwert to describe the yield
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
A Giffen good is a product in greater demand when the price increases, which is also a special case of inferior goods. [5] In the extreme case of income inferiority, the size of the income effect overpowers the size of the substitution effect, leading to a positive overall change in demand responding to an increase in the price.
Monopoly pricing where firms drive up prices because they control the supply of most of the market demand (perhaps because they own brands or patents), or temporarily lower prices to increase market share. Large-scale speculation driving up prices. Administered prices set by a state authority or a monopolist.