Nonlinear Pricing

	Nonlinear Pricing Nonlinear pricing is a broad term that covers any kind of price structure in which there is a nonlinear relationship between price and the quantity of goods. An example is affine pricing. A nonlinear price schedule is a menu of different-sized bundles at different prices, from which the consumer makes his selection. In such schedules, the larger bundle generally sells for a higher total price but a lower per-unit price than a smaller bundle. References and links Definition on About.com Walter Nicholson, Christopher Snyder - Microeconomic Theory: Basic Principles and Extensions, Eleventh Edition See also * Two part tariff * [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Affine Pricing In economics, affine pricing is a situation where buying more than zero of a good gains a fixed benefit or cost, and each purchase after that gains a per-unit benefit or cost. Calculation Denoting ''T'' is the total price paid, ''q'' is the quantity in units purchased, ''p'' is a constant price per unit, and ''k'' is the fixed cost, the affine price is then calculated by T=pq + k.Jean Tirole, 1988, The Theory of Industrial Organisation, p. 136 In mathematical language, the price is an affine function (sometimes also linear function) of the quantity bought. An example would be a cell phone A mobile phone, cellular phone, cell phone, cellphone, handphone, hand phone or pocket phone, sometimes shortened to simply mobile, cell, or just phone, is a portable telephone that can make and receive calls over a radio frequency link whil ... contract where a base price is paid each month with a per-minute price for calls. Sliding-scale price contracts achieve a similar effect, alth ... [...More Info...] [...Related Items...] OR:* [Wikipedia] [Google] [Baidu]
	Two Part Tariff 2 (two) is a number, numeral and digit. It is the natural number following 1 and preceding 3. It is the smallest and only even prime number. Because it forms the basis of a duality, it has religious and spiritual significance in many cultures. Evolution Arabic digit The digit used in the modern Western world to represent the number 2 traces its roots back to the Indic Brahmic script, where "2" was written as two horizontal lines. The modern Chinese and Japanese languages (and Korean Hanja) still use this method. The Gupta script rotated the two lines 45 degrees, making them diagonal. The top line was sometimes also shortened and had its bottom end curve towards the center of the bottom line. In the Nagari script, the top line was written more like a curve connecting to the bottom line. In the Arabic Ghubar writing, the bottom line was completely vertical, and the digit looked like a dotless closing question mark. Restoring the bottom line to its original horizontal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Second Degree Price Discrimination Price discrimination is a microeconomics, microeconomic pricing strategies, pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in Market segmentation, different markets. Price discrimination is distinguished from product differentiation by the more substantial difference in production cost for the differently priced products involved in the latter strategy. Price differentiation essentially relies on the variation in the customers' willingness to payApollo, M. (2014). Dual Pricing–Two Points of View (Citizen and Non-citizen) Case of Entrance Fees in Tourist Facilities in Nepal. Procedia - Social and Behavioral Sciences, 120, 414-422. https://doi.org/10.1016/j.sbspro.2014.02.119 and in the Demand elasticity, elasticity of their demand. For price discrimination to succeed, a firm must have market power, such as a dominant market share, product uniqueness, sole pricing power, etc. All prices under price discrimin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]

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