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Should they set "rigid" prices and split the market equally, or let the firm with the lowest cost supply most?
It was her threat to lead a backbench revolt against the government's rigid prices and incomes policy which played into my hands.
He does want the Fed to engineer an inflation, which would make rigid prices and wages low in real terms, but I don't really think Paul believes in either price or wage rigidity.
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Often, but depending on technical conditions, rigid pricing pays off.
HOTELS in Kuwait have long ranked among the most expensive in the world, thanks to the government's rigid price fixing.
In desperation, the government introduced rigid price and wage controls and began enforcing harsh criminal penalties for economic crimes such as hoarding.
Using rigid price inelastic assumptions independent of the economy, these two approaches generate limiting scenarios that depict extreme use of natural resources.
"For a lot of savvy people in business, barter's a way to get around a rigid pricing system and make more sales," said David Woodruff, a visiting professor at European University in St . Petersburg
A ham-fisted land reform program started in 2002, along with rigid price controls on agricultural goods, has caused mass disinvestment from the private rural economy over the last 10 years: landowners just won't invest in farms that could be taken over at any time.
Up until 1968 British Rail used a rigid price formula of 3.25d per mile (1.35p in decimal money).
Or there might be a model where you buy the songs, but it will not be the rigid pricing model that we see today.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com