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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25. Trade rate discount . A trade rate discount, sometimes also called "trade discount", is offered by a seller to a buyer for purposes of trade or reselling, rather than to an end user.

  3. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    State & local sales taxes average. Sales taxes in the United States are taxes placed on the sale or lease of goods and services in the United States. Sales tax is governed at the state level and no national general sales tax exists. 45 states, the District of Columbia, the territories of Puerto Rico, and Guam impose general sales taxes that ...

  4. Education in the United States - Wikipedia

    en.wikipedia.org/wiki/Education_in_the_United_States

    A significant number of teachers have to work extra hours or other jobs to make up for low pay, with nearly 17% of teachers having a job outside the school system in 2020–21. Public school teachers also work more than the required 39.4 hours a week, with an average of 52 hours worked per week, only 25.2 of which is spent on teaching.

  5. Discount store - Wikipedia

    en.wikipedia.org/wiki/Discount_store

    Discount store. A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. [1]

  6. Supply (economics) - Wikipedia

    en.wikipedia.org/wiki/Supply_(economics)

    The supply function is the mathematical expression of the relationship between supply and those factors that affect the willingness and ability of a supplier to offer goods for sale. An example would be the curve implied by Q s = f ( P ; P rg ) {\displaystyle Q_{\text{s}}=f(P;P_{\text{rg}})} where P {\displaystyle P} is the price of the good ...

  7. Price elasticity of supply - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_supply

    The price elasticity of supply ( PES or Es) is a measure used in economics to show the responsiveness, or elasticity, of the quantity supplied of a good or service to a change in its price. Price elasticity of supply, in application, is the percentage change of the quantity supplied resulting from a 1% change in price.

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