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Refinable function. In mathematics, in the area of wavelet analysis, a refinable function is a function which fulfils some kind of self-similarity. A function is called refinable with respect to the mask if. This condition is called refinement equation, dilation equation or two-scale equation . Using the convolution (denoted by a star, *) of a ...
Prices of hydrogen produced by distributed steam methane reforming, as predicted by H2A Production Model from United States Department of Energy, [9] assuming price of natural gas of US$3/MMBtu (US$10/MWh; US$0.10/m 3). Does not include cost of storage and distribution. 1: 2 H (D) Deuterium: 0.0001667 [10] 13 400: 2.23: 2020: CIL [11]
A good's price elasticity of demand ( , PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good ( law of demand ), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent ...
The list price, also known as the manufacturer's suggested retail price ( MSRP ), or the recommended retail price ( RRP ), or the suggested retail price ( SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product. [citation needed] Suggested pricing methods may conflict with competition ...
Value-based pricing. Value-based price (also value optimized pricing and charging what the market will bear) is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [ 1] The value that a consumer gives to a good or service, can then be defined as their willingness to pay for ...
Real prices and ideal prices. The distinction between real prices and ideal prices is a distinction between actual prices paid for products, services, assets and labour (the net amount of money that actually changes hands), and computed prices which are not actually charged or paid in market trade, although they may facilitate trade. [ 1]
v. t. e. Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand . The intent of price fixing may be to push the price ...
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