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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
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Global Container Freight Index, July 2019 – August 2022. In 2021, as a consequence of the COVID-19 pandemic and, later, the ongoing 2022 Russian invasion of Ukraine, global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns. Causes of the economic slowdown included workers becoming sick with COVID ...
Universal City Studios, Inc., 464 U.S. 417 (1984), also known as the " Betamax case ", is a decision by the Supreme Court of the United States which ruled that the making of individual copies of complete television shows for purposes of time shifting does not constitute copyright infringement, but can instead be defended as fair use. [1][2] The ...
A.P. Møller – Mærsk A/S. A Maersk Line 40ft container being lifted by a crane. A.P. Møller – Mærsk A/S (Danish: [ˈɛˀ ˈpʰe̝ˀ ˈmølɐ ˈmɛɐ̯sk]), usually known simply as Maersk (English: / mɛərsk / MAIRSK), [3] is a Danish shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller.
On the export side, the share of foodstuffs fell to 12.5 percent in 1985. The fastest growing export item in the 1970s was petroleum, which was first exported in 1973. Petroleum rocketed to 12.1 percent of all exports in 1975, 22 percent in 1980, and 21.2 percent in 1985. In the 1980s textile exports grew rapidly. Although exports of unfinished ...
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