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  2. Menu cost - Wikipedia

    en.wikipedia.org/wiki/Menu_cost

    Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...

  3. Formula pricing - Wikipedia

    en.wikipedia.org/wiki/Formula_pricing

    In commodities transactions, formula pricing is an arrangement where a buyer and seller agree in advance on the price to be paid for a product delivered in the future, based upon a pre-determined calculation. For example, a packer might agree to pay a hog producer the average cash market price on the day the hogs will be delivered, plus a 2 ...

  4. Monopoly price - Wikipedia

    en.wikipedia.org/wiki/Monopoly_price

    A monopoly is a price maker, not a price taker, meaning that a monopoly has the power to set the market price. [ 14 ] The firm in monopoly is the market as it sets its price based on their circumstances of what best suits them.

  5. List of price index formulas - Wikipedia

    en.wikipedia.org/wiki/List_of_price_index_formulas

    Main menu. Main menu. move to sidebar hide. Navigation Main page; ... this formula is the arithmetic mean of the price relative between a period t and a base period 0.

  6. Nonlinear pricing - Wikipedia

    en.wikipedia.org/wiki/Nonlinear_pricing

    Nonlinear pricing is a broad term that covers any kind of price structure in which there is a nonlinear relationship between price and the quantity of goods. An example is affine pricing. A nonlinear price schedule is a menu of different-sized bundles at different prices, from which the consumer makes his selection.

  7. Pricing - Wikipedia

    en.wikipedia.org/wiki/Pricing

    Price lining is the use of a limited number of prices for all product offered by a business. Price lining is a tradition started in the old five and dime stores in which everything cost either 5 or 10 cents. In price lining, the price remains constant but quality or extent of product or service adjusted to reflect changes in cost.

  8. These Are the 7 Best ‘Dollar-Menu’ Lineups in America

    www.aol.com/best-dollar-menu-items-america...

    Dollar menu fans, rejoice — the “Golden Arches” has a $1 $2 $3 Dollar Menu with items for all occasions. For example, you can get any small soft drink for $1. For example, you can get any ...

  9. Menu engineering - Wikipedia

    en.wikipedia.org/wiki/Menu_engineering

    Menu engineering or Menu psychology, is the design of a menu to maximize restaurant profits. [ 1 ] [ 2 ] [ 3 ] This also applies to cafes, bars, hotels, food trucks, event catering and online food delivery platforms.