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  2. Empty product - Wikipedia

    en.wikipedia.org/wiki/Empty_product

    An empty product is then given by the limit with respect to the empty category, which is the terminal object of the category if it exists. This definition specializes to give results as above. For example, in the category of sets the categorical product is the usual Cartesian product, and the terminal object is a singleton set.

  3. Avoid Buying These Things on Amazon at All Costs - AOL

    www.aol.com/finance/avoid-buying-things-amazon...

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  4. Price discrimination - Wikipedia

    en.wikipedia.org/wiki/Price_discrimination

    For certain products, premium products are priced at a level (compared to "regular" or "economy" products) that is well beyond their marginal cost of production. For example, a coffee chain may price regular coffee at $1, but "premium" coffee at $2.50 (where the respective costs of production may be $0.90 and $1.25).

  5. Price - Wikipedia

    en.wikipedia.org/wiki/Price

    In some situations, especially when the product is a service rather than a physical good, the price for the service may be called something else such as "rent" or "tuition". [1] Prices are influenced by production costs, supply of the desired product, and demand for the product.

  6. Amazon, Walmart, and Target finally realize their colossal ...

    www.aol.com/finance/amazon-walmart-target...

    The company’s Amazon Fresh subsidiary announced Thursday it will slash the costs of 4,000 weekly rotating grocery products by up to 30%. The discounts will apply to both national and Amazon’s ...

  7. Predatory pricing - Wikipedia

    en.wikipedia.org/wiki/Predatory_pricing

    Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]

  8. The Amazon Prime symbol probably doesn't mean what you think ...

    www.aol.com/news/2016-11-17-the-amazon-prime...

    In actuality, any of Amazon's 3 million marketplace sellers can use the Amazon warehouse to house and ship their items and get the so-called "coveted" mark on its products.

  9. Initial and terminal objects - Wikipedia

    en.wikipedia.org/wiki/Initial_and_terminal_objects

    Since the empty category is vacuously a discrete category, a terminal object can be thought of as an empty product (a product is indeed the limit of the discrete diagram {X i}, in general). Dually, an initial object is a colimit of the empty diagram 0 → C and can be thought of as an empty coproduct or categorical sum.