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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
Brock Commons Tallwood House is an 18-storey student residence at the Point Grey Campus of the University of British Columbia (UBC) in Canada. At the time it was opened, it was the tallest mass timber structure in the world. [1] It is the first phase of a complex at Brock Commons. [2]
Coupons can be used to research the price sensitivity of different groups of buyers (by sending out coupons with different dollar values to different groups). Time, location and sizes (e.g. five pound vs. 20 pound bag) [12] affect prices; coupons are part of the marketing mix. [13] So is knowing about the customer. [14] [12]
The goods and services tax [1] (GST; French: Taxe sur les produits et services) is a value added tax introduced in Canada on January 1, 1991, by the government of Prime Minister Brian Mulroney. The GST, which is administered by Canada Revenue Agency (CRA), replaced a previous hidden 13.5% manufacturers' sales tax (MST).
The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island.
Today, less than 1% of Canada's forests are affected by logging each year. [2] Canada is the 2nd largest exporter of wood products, and produces 12.3% of the global market share. [6] Economic concerns related to forestry include greenhouse gas emissions, biotechnology, biological diversity, and infestation by pests such as the mountain pine beetle.