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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.
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
Falcon Heavy. Falcon Heavy is a heavy-lift launch vehicle with partial reusability that can carry cargo into Earth orbit, and beyond. It is designed, manufactured and launched by American aerospace company SpaceX. The rocket consists of a center core on which two Falcon 9 boosters are attached, and a second stage on top of the center core. [6]
Le Creuset Signature Round Dutch Oven, 5.5 Quart. $336 $420 Save $84. Cook like Ina Garten this fall and winter with the queen's favorite 5.5-quart Dutch oven, now 20% off at Sur La Table. You can ...
Boeing said average annual pay for machinists would rise from $75,608 now to $111,155 at the end of the four-year contract. The new offer would not restore a traditional pension plan that Boeing ...
She found one with the same key ingredients priced at a massive discount of about 100 yuan (about $14) for 20 milliliters (just over half an ounce), compared to Estée Lauder’s 720 yuan ($100 ...
The 2021 New Jersey gubernatorial election was held on November 2, 2021, to elect the governor of New Jersey. Incumbent governor Phil Murphy was first elected in 2017 with 56% of the vote [3] and won re-election to a second term. Murphy and his running mate, Lt. Gov. Sheila Oliver, defeated the Republican ticket of Jack Ciattarelli and Diane ...
The CDC’s Bridge Access Program, which paid for Covid shots for uninsured adults, ended in August. Flu vaccines can range from $25 to more than $100, depending on the shot. Flu and Covid shots ...
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