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Farrell offered a measure of cost efficiency under fixed and known prices.
You're probably right to identify that known prices are just the start and that related costs could be considerable.
According to our interviewees it has influenced culture and helped to keep down prices and put a floor under quality by providing a 'fall back' with known prices and reliable quality.
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Solar panels, in contrast, produce electricity at a known price for the lifetime of the panels.
How would that have helped with selling the skeleton at a third of its known price?
And $250 million for Cézanne's "Card Players" in 2011, the highest known price ever paid for a painting.
The new model showed how to work out an option price from the known price-behaviour of a share and a bond.
Buyers who need a long-term supply at a known price will contract for gas with futures.
Taleizadeh and Pentico (2013) provided an economic order quantity model with a known price increase and partial backordering.
In order to be successful in attracting trading volume and generate revenue from trading fees, exchanges must allow potential traders to transact quickly at a known price.
William A. Pierce, a spokesman for the Department of Health and Human Services, said: "We know prices in Canada are lower.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com