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A market-clearing price is the price of a good or service at which the quantity supplied equals the quantity demanded, also called the equilibrium price. [2] The theory claims that markets tend to move toward this price. Supply is fixed for a one-time sale of goods, so the market-clearing price is simply the maximum price at which all items can ...
A uniform price auction otherwise known as a "clearing price auction", pay-as-clear [1] or marginal price auction, "marginal price system" (MPS), [2] is a multiunit auction in which a fixed number of identical units of a homogenous commodity are sold for the same price. Each bidder in the auction may submit (possibly multiple) bids, designating ...
Clearview AI, Inc. is an American facial recognition company, providing software primarily to law enforcement and other government agencies. [2] The company's algorithm matches faces to a database of more than 20 billion images collected from the Internet, including social media applications. [ 1 ]
For price discrimination to succeed, a seller must have market power, such as a dominant market share, product uniqueness, sole pricing power, etc. [9] Some prices under price discrimination may be lower than the price charged by a single-price monopolist. Price discrimination can be utilized by a monopolist to recapture some deadweight loss.
Two clear view screens on the navigation bridge of a tugboat A clear view screen or clearview screen is a glass disk mounted in a window that rotates to disperse rain, spray, and snow. A clear view screen is typically driven by an electric motor at the center of the disk, and is often heated to prevent condensation or icing.
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
ClearCurve is Corning's brand name for a new optical fiber that can be bent around short-radius curves without losing its signal. It is constructed with a conventional fiber on the inside, surrounded by a cladding containing a new nanostructured reflector.
In business, a competitive advantage is an attribute that allows an organization to outperform its competitors.. A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology and to proprietary information.