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  2. Quartz crisis - Wikipedia

    en.wikipedia.org/wiki/Quartz_crisis

    Quartz movement of the Seiko Astron, 1969. The quartz crisis (Swiss) or quartz revolution (America, Japan and other countries) was the advancement in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world.

  3. Small but significant and non-transitory increase in price

    en.wikipedia.org/wiki/Small_but_significant_and...

    The critical loss is defined as the maximum sales loss that could be sustained as a result of the price increase without making the price increase unprofitable. Where the likely loss of sales to the hypothetical monopolist (cartel) is less than the Critical Loss, then a 5% price increase would be profitable and the market is defined. [6]

  4. The Swatch Group - Wikipedia

    en.wikipedia.org/wiki/The_Swatch_Group

    [2] [3] [4] The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. [ 5 ] The group owns the Swatch product line and other luxury brands, including Blancpain , Breguet , Certina , ETA , Glashütte Original , Hamilton , Harry Winston , Longines , Mido , Omega , Rado , and Tissot .

  5. Tissot - Wikipedia

    en.wikipedia.org/wiki/Tissot

    Tissot was founded in 1853 by Charles-Félicien Tissot and his son Charles-Émile Tissot in the Swiss city of Le Locle, in the Neuchâtel canton of the Jura Mountains area. [2] The father and son team worked as a casemaker (Charles-Félicien Tissot) and watchmaker (Charles-Emile). His son having expressed an interest in watchmaking from a young ...

  6. Effect of taxes and subsidies on price - Wikipedia

    en.wikipedia.org/wiki/Effect_of_taxes_and...

    Marginal subsidies on production will shift the supply curve to the right until the vertical distance between the two supply curves is equal to the per unit subsidy; when other things remain equal, this will decrease price paid by the consumers (which is equal to the new market price) and increase the price received by the producers.

  7. Scarcity value - Wikipedia

    en.wikipedia.org/wiki/Scarcity_value

    Scarcity value is an economic factor describing the increase in an item's relative price by a low supply.Whereas the prices of newly manufactured products depends mostly on the cost of production (the cost of inputs used to produce them, which in turn reflects the scarcity of the inputs), the prices of many goods—such as antiques, rare stamps, and those raw materials in high demand ...

  8. The Shop Girl (Tissot) - Wikipedia

    en.wikipedia.org/wiki/The_Shop_Girl_(Tissot)

    The painting was created in the period 1883–1885 using Tissot's distinctive style of dry pigments and small brush strokes—not impressionism, but still a major departure from the Academy style. It also reflects some of Tissot's main interests, such as the materialistic world of objects and clothing of the late nineteenth century. [ 1 ]

  9. Tissot's indicatrix - Wikipedia

    en.wikipedia.org/wiki/Tissot's_indicatrix

    The Behrmann projection with Tissot's indicatrices The Mercator projection with Tissot's indicatrices. In cartography, a Tissot's indicatrix (Tissot indicatrix, Tissot's ellipse, Tissot ellipse, ellipse of distortion) (plural: "Tissot's indicatrices") is a mathematical contrivance presented by French mathematician Nicolas Auguste Tissot in 1859 and 1871 in order to characterize local ...

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