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Courtesy of Society for Science & the Public. At age 12, Audrey Glende has found a way to help save lives — fish lives. Glende realized that fish waste produces the toxic chemical ammonia that ...
Product differences are the root cause of manufacturers' monopoly, but because the differences between products in the same industry are not so large that products cannot be replaced at all, and a certain degree of mutual substitutability allows manufacturers to compete with each other, so mutual substitution is the source of manufacturer ...
Price discrimination is thus very common in services where resale is not possible; an example is student discounts at museums: Students may get lower prices than others, but do not become resellers, because the service is consumed at point of sale. Another example of price discrimination is intellectual property, enforced by law and by ...
A science fair or engineering fair is an event hosted by a school that offers students the opportunity to experience the practices of science and engineering for themselves. In the United States, the Next Generation Science Standards makes experiencing the practices of science and engineering one of the three pillars of science education.
In economics, the law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold at different locations should be sold for the same price when prices are expressed ...
Image source: The Motley Fool. Applied Materials (NASDAQ: AMAT) Q3 2024 Earnings Call Aug 15, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Examples of this kind of trade include automobiles, foodstuffs and beverages, computers and minerals. Europe exported 2.6 million motor vehicles in 2002, and imported 2.2 million of them. Japan exported 4.7 million vehicles in 2002 (1 million of which went to Europe, and 2 million to North America), and imported 0.3 million.
For example, bagged salads now offer customers more than seven days of freshness. Customers are noticing, and it has led to identical sales in produce of more than 3% this quarter.