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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 ...
Apple iPad 10.2 (9th Generation) $199 $329. Save $130 Lowest price ever. Never mind that it's a previous-generation model: iPads hold their value, and this iteration is one of the best tablets you ...
Deadpool 2. Deadpool 2 is a 2018 American superhero film based on the Marvel Comics character Deadpool. It is the sequel to Deadpool (2016) and the eleventh installment in the X-Men film series. The film was directed by David Leitch and written by Rhett Reese, Paul Wernick, and Ryan Reynolds, who stars in the title role alongside Josh Brolin ...
Online piracy. Online piracy or software piracy is the practice of downloading and distributing copyrighted works digitally without permission, such as music or software. [1][2] The principle behind piracy has predated the creation of the Internet. [not verified in body] Despite its explicit illegality in many developed countries, online piracy ...
Three of the four highest-grossing films, including Avatar at the top, were written and directed by James Cameron.. With a worldwide box-office gross of over $2.9 billion, Avatar is proclaimed to be the "highest-grossing" film, but such claims usually refer to theatrical revenues only and do not take into account home video and television income, which can form a significant portion of a film ...
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