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The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year.
British Phonographic Industry (BPI) is the British recorded music industry's trade association. It runs the BRIT Awards ; is home to the Mercury Prize ; co-owns the Official Charts Company with the Entertainment Retailers Association; and awards UK music sales through the BRIT Certified Awards.
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.
Therefore, before making a purchase, consumers may weigh their options as either a gain or a loss to avoid the risk of losing money on a purchase. [5] A "gain" view on a purchase results in chance taking [ 5 ] For example, if there is a buy-one-get-one-half-off discount that seems profitable, a shopper will buy the product.
Prime rates in the US, FRG and the European Union. The prime rate or prime lending rate is an interest rate used by banks, typically representing the rate at which they lend to their most creditworthy customers. Some variable interest rates may be expressed as a percentage above or below prime rate. [1]: 8
For Division 1 NCAA Men's basketball, the WP factor of the RPI was updated in 2004 to account for differences in home, away, and neutral games. A home win now counts as 0.6 win, while a road win counts as 1.4 wins. Inversely, a home loss equals 1.4 losses, while a road loss counts as 0.6 loss. A neutral game counts as 1 win or 1 loss.
The single reached number 1 in the UK Singles Chart on 8 June and stayed there for six weeks. [10] Without much promotion, it reached number 5 on the US Billboard Hot 100. [11] One of the anthems of the 1967 Summer of Love, it is one of the most commercially successful singles in history, having sold more than 10 million copies worldwide. [12]
The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of American banking institutions grant loans to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).