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  2. Shrinkflation - Wikipedia

    en.wikipedia.org/wiki/Shrinkflation

    In economics, shrinkflation, also known as package downsizing, weight-out, [ 2] and price pack architecture[ 3] is the process of items shrinking in size or quantity while the prices remain the same. [ 4][ 5] The word is a portmanteau of the words shrink and inflation. Skimpflation involves a reformulation or other reduction in quality.

  3. Good agricultural practice - Wikipedia

    en.wikipedia.org/wiki/Good_agricultural_practice

    Good agricultural practice. Good agricultural practice ( GAP) is a certification system for agriculture, specifying procedures (and attendant documentation) that must be implemented to create food for consumers or further processing that is safe and wholesome, using sustainable methods. While there are numerous competing definitions of what ...

  4. Price discrimination - Wikipedia

    en.wikipedia.org/wiki/Price_discrimination

    Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different market segments. [1] [2] [3] Price discrimination is distinguished from product differentiation by the more substantial difference in production cost for the differently ...

  5. Cost of goods sold - Wikipedia

    en.wikipedia.org/wiki/Cost_of_goods_sold

    Jane sells machines A and C for 20 each. Her cost of goods sold depends on her inventory method. Under specific identification, the cost of goods sold is 10 + 12, the particular costs of machines A and C. If she uses FIFO, her costs are 20 (10+10). If she uses average cost, her costs are 22 ( (10+10+12+12)/4 x 2).

  6. Prescription drug prices in the United States - Wikipedia

    en.wikipedia.org/wiki/Prescription_drug_prices...

    One of the following programs is the 340B pricing program that allows hospitals and pharmacists to buy drugs at 30–50% off the retail prices. Per HRSA's 340B Drug Pricing Program, drug manufacturers are required to give certain organizations discounted drugs given these organizations fit the eligibility criteria for discounts.

  7. Gap (chart pattern) - Wikipedia

    en.wikipedia.org/wiki/Gap_(chart_pattern)

    Conversely, in a downward trend, a gap occurs when the lowest price of any one day is higher than the highest price of the next day. For example, the price of a share reaches a high of $30.00 on Wednesday, and opens at $31.20 on Thursday, falls down to $31.00 in the early hour, moves straight up again to $31.45, and no trading occurs in between ...

  8. Retail Price Index - Wikipedia

    en.wikipedia.org/wiki/Retail_Price_Index

    Retail Price Index. In the United Kingdom, the Retail Prices Index or Retail Price Index [1] ( RPI) is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services . As the RPI was held not to meet international statistical standards ...

  9. List price - Wikipedia

    en.wikipedia.org/wiki/List_price

    The list price, also known as the manufacturer's suggested retail price ( MSRP ), or the recommended retail price ( RRP ), or the suggested retail price ( SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product. [citation needed] Suggested pricing methods may conflict with competition ...

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