Production is scheduled in an attempt to balance demand for products with plant capacity and availability of inputs.
Companies have used the term for products with various amounts of whole grains.
Even for products with floor prices, he says, farmers are getting less than the minimum.
Ms Gneezy is the first to point out that customer-determined pricing works best for products with low marginal costs.
Yet in the yacht market, Chinese manufacturers will not have the immediate feedback from local customers that their colleagues in other industries get for products with domestic sales.
The proposal would also make it illegal for products with high amounts of trans fat to say that they have no or low cholesterol.
The company said it saw healthy demand for products with higher profit margins, particularly chips for high-end PC's and mobile computers.
And those manufacturers have been quick to capitalize on a rising demand by the young for products with a heritage and a function.
Mass-market brands like Olay or Neutrogena that rarely topped $10 now command upward of $20 for products with scientific-sounding ingredients.
That takes time and money.But it will be worthwhile if consumers prove willing, as they seem to be, to pay more for products with health benefits.
Senator Ron Wyden of Oregon has proposed legislation to require prescriptions for products with pseudoephedrine nationwide, and Congress should enact it without delay.
