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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.
A restraining order or protective order[ a ] is an order used by a court to protect a person in a situation often involving alleged domestic violence, child abuse, assault, harassment, stalking, or sexual assault. Restraining and personal protection order laws vary from one jurisdiction to another but all establish who can file for an order ...
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 ...
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The average date for the third hurricane to form is Sept. 7. Hurricane Beryl Some Caribbean islands saw almost 'total destruction'. A typical hurricane season has 14 named storms and seven ...
August 3, 2024 at 9:33 PM. MEXICO CITY (AP) — The Biden administration will expand areas where migrants can apply online for appointments to enter the United States to a large swath of southern ...
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