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Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. Economist Alex Tabarrok has argued that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion ...
In a proportional cake-cutting, each person receives a piece that he values as at least 1/n of the value of the entire cake. In the example cake, a proportional division can be achieved by giving all the vanilla and 4/9 of the chocolate to George (for a value of 6.66), and the other 5/9 of the chocolate to Alice (for a value of 5). In symbols:
Source: McDonalds. The Quarter Pounder is a hamburger sold by international fast food chain McDonald's, so named for containing a patty with a precooked weight of four ounces (113.4 g), or one quarter of a pound. It was introduced in 1971. In 2013, the Quarter Pounder was expanded to represent a whole line of hamburgers that replaced the ...
Barack Obama 's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017. Obama, a Democrat from Illinois, took office following his victory over Republican nominee John McCain in the 2008 presidential election. Four years later, in the 2012 presidential election, he ...
The pound ( sign: £) is the main unit of sterling, [4] and the word pound is also used to refer to the British currency generally, [5] often qualified in international contexts as the British pound or the pound sterling. [4] Sterling is the world's oldest currency in continuous use since its inception. [6]
Net income is expected to be between 67.7 million and 71.8 million. And diluted earnings per share is expected to be between $5 and $5.30, which is based on an estimated 13.6 million weighted ...
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