Search results
Results From The WOW.Com Content Network
Price gouging is a pejorative term for the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock.
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service.Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [21] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called ...
Asymmetric price transmission (sometimes abbreviated as APT and informally called "rockets and feathers" , also known as asymmetric cost pass-through) refers to pricing phenomenon occurring when downstream prices react in a different manner to upstream price changes, depending on the characteristics of upstream prices or changes in those prices.
The price of first-class U.S. mail stamps will rise on Sunday to 73 cents from 68 cents, the latest in a series of price hikes. The plan, announced in April and approved by the Postal Regulatory ...
The report was the product of months of consultation with government departments and the White House, consolidating 2,000 pages of proposals. [3] NPR promised to save the federal government about $108 billion: $40.4 billion from a "smaller bureaucracy", $36.4 billion from program changes, and $22.5 billion from streamlining contracting ...
Chipotle, which just announced price hikes, said it will charge even more at its California restaurants, blaming a new rule that raises minimum wages for fast food (and fast casual) workers in the ...
For premium support please call: 800-290-4726 more ways to reach us