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A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [21] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply ...
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service.Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
Torrents with multiple trackers can decrease the time it takes to download a file, but also have a few consequences: Poorly implemented [59] clients may contact multiple trackers, leading to more overhead-traffic. Torrents from closed trackers suddenly become downloadable by non-members, as they can connect to a seed via an open tracker.
Transmission allows users to quickly download files from multiple peers on the Internet and to upload their own files. [7] By adding torrent files via the user interface, users can create a queue of files to be downloaded and uploaded. Within the file selection menus, users can customise their downloads at the level of individual files.
Vertical price fixing includes a manufacturer's attempt to control the price of its product at retail. [7] In State Oil Co. v. Khan, [8] the U.S. Supreme Court held that vertical price fixing is no longer considered a per se violation of the Sherman Act, but horizontal price fixing is still considered a breach of the Sherman Act.
Although President Truman ended price controls on meat, on October 14, just two weeks before the election, in a rejection of price controls and as a sign of the changing attitude of the American public towards a control-free re-conversion, many Democratic incumbents were defeated, and Republicans gained control of Congress.
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The price mechanism, part of a market system, functions in various ways to match up buyers and sellers: as an incentive, a signal, and a rationing system for resources. The price mechanism is an economic model where price plays a key role in directing the activities of producers, consumers, and resource suppliers. An example of a price ...