reservation price उदाहरण वाक्य
उदाहरण वाक्य
- In that context, the highest price a consumer is willing to pay for a particular good is called the reservation price.
- A different kind of generalization is to set a reservation price-a minimum price below which the item is not sold at all.
- Reservation prices are commonly used in auctions, where the seller may or may not make it known what the lowest acceptable price is.
- Auctions may set a reservation price which is the least / maximum acceptable price for which a good may be sold / bought.
- The Vickrey auction with a reservation price of 1 / 2 achieves an expected profit of 5 / 12, which in this case is optimal.
- A seller may produce a "'reservation demand "', which is a schedule of reservation prices at which a seller would be willing to sell different quantities of a particular good.
- The monopolist sets the price of the durable good at time " t " equal to the highest reservation price of a consumer who hasn't purchased prior to that point " t ".
- Without modification, " auction " generally refers to an open, demand auction, with or without a " reservation price " ( or " reserve " ), with the item sold to the highest bidder.
- Consumer surplus is thus the definite integral of the demand function with respect to price, from the market price to the maximum reservation price ( i . e . the price-intercept of the demand function ):
- This can be seen as the " walk away " point for either party, in negotiation where the reservation price is the point beyond which a negotiator is ready to walk away from a negotiated agreement.