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Economics of Economy Pricing

Economics of Economy Pricing

Paperback

Series: Economics

EconomicsInvesting & Finance

ISBN13: 9798881904104
Publisher: Vernon Press
Published: Oct 7 2025
Pages: 280
Weight: 0.83
Height: 0.59 Width: 6.00 Depth: 9.00
Language: English

The economy of the industrialized countries in the 21st century has already moved to a new level of mass production and technology never seen before, thanks in part to globalization, advanced technologies, new organization management methods, and innovative supply chain. A relatively large number of mass-produced commodities (characterized as non-premium) and services in Western economies are somehow sold at discounts rather than regular prices at a much higher frequency that was never seen before. This phenomenon has completely changed how we look at the theory of the firm in microeconomics.

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