And according to publishers, by setting the price of an ebook at $9.99, Amazon was training readers to undervalue books.
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In a nutshell, community rating systems limit the set of factors that can be used by the insurance company when setting the price of the plan.
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Insurance companies can no longer discriminate against those with pre-existing conditions or treat women differently than men when it comes to setting the price of insurance premiums.
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It's "not able to get out ahead of the debate" over the industry's role in setting the price of prescription drugs, a person familiar with the situation told me.
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The FCC says it has no intention of setting the price of internet service under its net neutrality rules, but Democrats argue the bill approved Friday is too expansive.
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French home furnishings chain Maisons du Monde began its first day of trading on the Euronext Paris Friday, after setting the price of its global offering at 173 euros ($19) per share.
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Making the putatively "private" system work will depend entirely on the government setting the price of the insurance guarantee correctly and doing a good job of supervising Fannie and Freddie as regulators.
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McCaskill also demanded to know the names of company officials responsible for setting the price of Keveyis, as well as cost estimates and profit projections relating to the current and future price of the drug.
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A year after Uber introduced "upfront pricing"—setting the price of a ride on the outset—it's now beginning to charge more for certain routes in an effort to juice up its earnings, as Bloomberg reported.
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Those moves prompted heavy-handed intervention from the government, leading some to question whether the Chinese Communist Party was capable of following through on its commitment to let markets play a "decisive role" in setting the price of assets.
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After years of nationalizing businesses, determining the exchange rate and setting the price of basic goods — measures that have long contributed to chronic shortages — Mr. Maduro seems to have made peace with the private sector and let it loose.
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"The central bank will try not to interfere in setting the price of hard currencies, which will be determined by supply and demand, however, the bank's supervision will prevent unbridled (market swings) and the creation of a black market," Hemmati said.
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Both moves prompted heavy-handed intervention from the government both onshore and in offshore markets, leading some to question whether the Chinese Communist Party was capable of following through on its commitment to let markets play a "decisive role" in setting the price of assets.
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WASHINGTON/NEW YORK (Reuters) - The Trump administration is considering expanding Medicare's ability to negotiate the cost of drugs by giving private payers a role in setting the price of medicines administered in hospitals and doctors' offices, Health and Human Services Secretary Alex Azar said on Monday.
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Of course, there are other items we haven't covered here, from setting the price of an IPO to what founders can do to protect their control after going public (the tradeoffs of a two-tier stock structure for example) and other things to get their house in order.
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"This is a hand-made, one-guy-paid-for-it version of a thing that is usually made by a giant corporation," writes C.K. To hear him tell it, setting the price of the first episode at $5 was a necessary evil that allowed him to make up some of the show's budget; he might not be able to continue making it if not for the higher price.
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Lingle's death brought to the public's attention his connections with gangsters. Lingle turned out to have been setting the price of beer in Chicago and involved in organized dog racing and gambling. He had maintained two homes plus a suite at the Morrison Hotel and had a six-figure stockbroker account. High-placed friends of his in the police department resigned.
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Silver coins continued to be issued for circulation until 1964, when all silver was removed from dimes and quarters, and the half dollar was reduced to 40% silver. Silver half dollars were last issued for circulation in 1970. Gold coins were confiscated by Executive Order 6102 issued in 1933 by Franklin Roosevelt. The gold standard was changed to , equivalent to setting the price of 1 troy ounce of gold at $35.
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Griswold that Congress could not require creditors to accept United States Notes, but overturned that ruling the next year in the Legal Tender Cases. In 1875, Congress passed the Specie Payment Resumption Act, requiring the Treasury to allow US Notes to be redeemed for gold after January 1, 1879. The Treasury ceased to issue United States Notes in 1971. The Gold Standard Act of 1900 abandoned the bimetallic standard and defined the dollar as of gold, equivalent to setting the price of 1 troy ounce of gold at $20.67.
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The Trustees organized the Commons Club as a dining hall, beginning with thirty-eight members, setting the price of board at $2.25 a week. The next fall, the membership increased to seventy and the college enlarged the building in which they were dining to provide meeting rooms for the group. Because of the financial aid provided, the Trustees felt free to make a condition that all undergraduate members of the college, not belonging to fraternities, should be offered an election to the group regardless of race, color or creed.
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In business, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. By this policy, a producer charges, for each product unit sold, only the addition to total cost resulting from materials and direct labor. Businesses often set prices close to marginal cost during periods of poor sales. If, for example, an item has a marginal cost of $1.00 and a normal selling price is $2.00, the firm selling the item might wish to lower the price to $1.10 if demand has waned.
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Ticketclever try to use analytics and data science to try and find the lowest price. Ticketclever employed three Oxford University alumni, two with Doctor of Philosophy in Particle Physics, one with a Doctor of Philosophy in Engineering Science to create an algorithm that filters data sets from the Rail Delivery Group, which represent 25 train operating companies in Great Britain that are responsible for running trains and setting the price of the fares. ticketclever uses this algorithm to find multi-ticket fare deals on Great Britain’s railway network.
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New York Times. Hardcover Business Best SellersNew York Times Best Sellers, Paperback NonFiction Summit Entertainment acquired the screen rights to Rigged. D'Agostino was mentioned in a book by Wall Street journalist Leah McGrath Goodman, titled The Asylum: Inside the Rise and Ruin of the Global Oil Market published in 2011.The secret group setting the price of oil: Us., Fortune The book, written as an exposé, traces the New York Mercantile Exchange's transformation from an obscure market specializing in commodity futures in the 1960s to its modern-day venue as the world's energy exchange.
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The addition of a composite good in a single-good model (bringing it up to two) allows for all other opportunities to be accounted for. Since the composite is considered a single good only for purposes of the model, analysis can be made on a two-dimensional graph. Optimal choices represent the bundle of two goods; the first good and the composite. A final step can be taken in relating the composite good to a unit of account such as money by setting the price of the composite good to 1.
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Oskar Lange formulated a mechanism for the direct allocation of capital goods in a socialist economy that was based on the marginal cost of production. Under a capitalist economy, managers of firms are ordered and legally required to base production around profitability, and in theory, competitive pressure creates a downward pressure on profits and forces private businesses to be responsive to demands of consumers, indirectly approximating production for use. In the Lange Model, the firms would be publicly owned and the managers would be tasked with setting the price of output to its marginal cost, thereby achieving pareto efficiency through direct allocation.
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Map of the Champagne wine region. The classification of Champagne vineyards developed in the mid-20th century as a means of setting the price of grapes grown through the villages of the Champagne wine region. Unlike the classification of Bordeaux wine estates or Burgundy Grand cru vineyards, the classification of Champagne is broken down based on what village the vineyards are located in.J. Robinson (ed) "The Oxford Companion to Wine" Third Edition pg 152-153 Oxford University Press 2006 A percentile system known as the Échelle des Crus ("ladder of growth") acts as a pro-rata system for determining grape prices.
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Fish, Food and Allied Workers Union, History: They Said it Couldn't Be Done, retrieved February 18, 2008 After several more strikes, most notably against Fishery Products, trawling companies abandoned their insistence on unilaterally setting the price of fish and agreed to negotiated prices with fishermen. In 1979, under Cashin's leadership, the union established the Labrador Fishermen’s Union Shrimp Company as a worker co-operative. It won two fishing licences from the federal government and changed the work lives of fishermen on the Labrador coast. By 1977, the union was negotiating province-wide master contracts with the industry as a whole represented by the Fisheries Association of Newfoundland and Labrador.
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Deliveries were to be prepaid.Russia-Ukraine gas deal secures EU winter supply, BBC (31 October 2014) During that winter Ukrainian monopoly Naftogaz was able to import limited quantities of gas from the EU (reverse flow from Slovakia, Poland and Hungary) at Central European hub prices, around $250 per thousand cubic meters. Due to severe drop of oil market price (the price halved from mid-2014 to end of the year) Gazprom had to reduce the oil- linked gas price. On 9 January 2014 Naftogaz and Russia's Gazprom signed a supplement to the Russian-Ukrainian gas contract, setting the price of natural gas for Ukraine in the first quarter of 2014 at $268.5 per 1,000 cubic meters.
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Premium pricing (also called image pricing or prestige pricing) is the practice of keeping the price of one of the products or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price. Premium refers to a segment of a company's brands, products, or services that carry tangible or imaginary surplus value in the upper mid- to high price range. The practice is intended to exploit the tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction. A premium pricing strategy involves setting the price of a product higher than similar products. This strategy is sometimes also called skim pricing because it is an attempt to “skim the cream” off the top of the market.
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Banks found that it was not within their skillset to convince every small merchant to accept credit cards, and they began to outsource the selling of such services to small companies called ISOs (Independent Sales Organizations). They also found that massive scale helped reduce the cost of processing credit cards, so they began to outsource processing to a few processors including Elavon, TSYS, First Data and MSI. While some merchants buy their credit card processing services directly from a bank, more typically they get their credit card processing services from an ISO, which is responsible for selling the service to the merchant, providing technical support, processing the transaction (authorizing it and submitting it to the Visa or MasterCard network), bearing the risk of chargeback(s), and setting the price of the services. If the ISO is small it might outsource some of those services (for example, providing technical support) to a larger ISO.
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