This article describes the most common methods for calculating the price premium (also known as relative prices). Students will learn the rates and booking% Good Value, the concepts that form the basis of price and volume charts, and price elasticity, frequently used indicator of how to react to changes in market prices. The note stressed that the understanding of the functions and the price elasticity of demand is the key to calculate the optimal price and uses the familiar concept of the prisoner's dilemma and decide the price of tailoring. "Hide
by Paul W. Farris, Phillip E. Pfeifer, Neil Bendle 24 pages. Publication Date: Aug 09, 2005. Prod. #: UV2963-PDF-ENG