price competition, price war - intense competition in which competitors cut retail prices to gain business 2. competition - an occasion on which a winner is selected from among two or more contestants contest game - a single play of a sport or other contest; "the game lasted two hours" so...
Origin ofcompetition1 First recorded in 1595–1605; fromLate Latincompetītiōn-,stem ofcompetītiō“agreement, rivalry,” fromcompetīt(us)“agreed, met” (past participle ofcompetere“to agree, come together, meet”;compete ( def )) +-iō-ion; sense influenced bycompetitor ...
The meaning of PRICE WAR is commercial competition characterized by the repeated cutting of prices below those of competitors. How to use price war in a sentence.
Define Price wars. Price wars synonyms, Price wars pronunciation, Price wars translation, English dictionary definition of Price wars. n. A period of intense competition among businesses in which each competitor tries to cut retail prices below those of
This is a form of price competition. Who Has Market Power in a Competitive Market? In a non-competitive market, such as in a monopoly, a single producer or multiple producers may hold disproportional power, allowing them to set prices as they wish. In a competitive market, the opposite is...
examples of price leaders. The airline industry is typically dominated by a few big firms, and there are high barriers to entry into the sector. Consequently, airlines that dominate certain routes may be able to set prices as they wish, if there isn't sufficient competition to challenge them...
Quinet E (2010), "Issues of Price Definition in CBA: Imperfect Competition and Relative Prices Divergences", Transition Studies Review, DOI 10.1007/s11300-010-0164-0.Quinet E (2010) Issues of Price definition in CBA : imperfect competition and relative prices divergences, Transition Studies Reviw...
Deregulation放松管制:the process occurs when the regulation, rules, controls, and laws that are imposed by the state on a firm or industry are removed thereby creating a greater degree of competition to take place. Behavior insights行为...
The meaning of CLOSE PRICE is a price in a stock exchange showing slight variation between bid and asked prices or between successive transactions.
(1) it is in firms' interest to engage in price discrimination, (2) firms have increased ability to engage profitably in price discrimination as the intensity of competition decreases, and (3) the average price of price‐sensitive and ‐insensitive consumers increase with reduced competition. Unli...