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  2. Pass-through (economics) - Wikipedia

    en.wikipedia.org/wiki/Pass-through_(economics)

    In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).

  3. Menu cost - Wikipedia

    en.wikipedia.org/wiki/Menu_cost

    Labour to change shelf prices; Printing and delivering new labels; Mistakes during the changeover process; Supervision during the changeover process; Results of the study showed that the menu cost was on average $105,887 per year, per store. This figure comprised 0.7% of revenue, 32.5% of net margins and $0.52/price change.

  4. Marginal cost - Wikipedia

    en.wikipedia.org/wiki/Marginal_cost

    In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. [1] In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount.

  5. Price elasticity of demand - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_demand

    A good with an elasticity of −2 has elastic demand because quantity demanded falls twice as much as the price increase; an elasticity of −0.5 has inelastic demand because the change in quantity demanded change is half of the price increase. [2] At an elasticity of 0 consumption would not change at all, in spite of any price increases.

  6. Rate (mathematics) - Wikipedia

    en.wikipedia.org/wiki/Rate_(mathematics)

    In mathematics, a rate is the quotient of two quantities, often represented as a fraction. [1] If the divisor (or fraction denominator) in the rate is equal to one expressed as a single unit, and if it is assumed that this quantity can be changed systematically (i.e., is an independent variable), then the dividend (the fraction numerator) of the rate expresses the corresponding rate of change ...

  7. What Is Key Rate Duration and How Do You Calculate It? - AOL

    www.aol.com/finance/key-rate-duration-calculate...

    Consider a 10-year bond priced at $1,000 with a yield of 3%. Suppose the five-year key rate rises by 25 basis points while all other rates remain unchanged. If this causes the bond’s price to ...

  8. Rate of change - Wikipedia

    en.wikipedia.org/wiki/Rate_of_change

    Rate of change may refer to: Rate of change (mathematics) , either average rate of change or instantaneous rate of change Instantaneous rate of change , rate of change at a given instant in time

  9. Dynamic pricing - Wikipedia

    en.wikipedia.org/wiki/Dynamic_pricing

    Cost-plus pricing is the most basic method of pricing. A store will simply charge consumers the cost required to produce a product plus a predetermined amount of profit. Cost-plus pricing is simple to execute, but it only considers internal information when setting the price and does not factor in external influencers like market reactions, the weather, or changes in consumer va