Price Discrimination
Posted onThe practice of a provider to charge different prices for the same product to different customers.
The practice of a provider to charge different prices for the same product to different customers.
The, often illegal, practice of prices being fixed, by agreement, by competing companies who provide the same goods or services as each other.
Describes the way prices for goods and services are influenced by the changes in supply and demand. Shortages cause a rise in prices, surpluses cause a fall in prices.
A system in which a minimum price is set by a government, and sometimes subsidised, for a product or commodity.
A company or individual whose selling or buying of goods and services has little or no influence over prices.
To evaluate the price of a product by taking into account the cost of production, the price of similar competing products, market situation, etc.
Data which is collected by a company, business, etc., itself for its own use, using questionnaires, case studies, interviews, etc., rather than using other sources to collect the data.
Consumers demand for a generic product rather than a particular brand.
On the Stock Exchange, when shares, securities, etc., are issued for the first time.
Also called Field Research. The collection of new or primary data through questionnaires, telephone interviews, etc., for a specific purpose.