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On average, a 10% increase in sticker prices cuts quantity only by 0.3% or so.This figure is lower than in other studies covering fewer towns, but is it so surprising?
(See Dow Ups Prices, Cuts Output).
Each $1 decline in oil prices cuts Venezuelan export and tax revenues by $1.7 billion.
Each buck decline in oil prices cuts Venezuelan export and tax revenues by $1.7 billion.
One of the key reasons for the strong growth in smart phone sales among consumers in 2006 was the availability of lower, more affordable models, whether the result of prices cuts, higher subsidies by service providers or greater use of rebate programs.
Similar(55)
Yoshinoya is not considering further price cuts.
The company blamed Intel's price cuts.
In April, ASDA announced a new round of price cuts.
But price cuts will help to boost demand further.
Sony may be particularly affected by the price cuts.
Price cuts reduced its earnings in the United States by 1.5 percent.
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