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Search results for keyword: stickiness

price stickiness

Price stickiness Price stickiness is the phenomenon of prices remaining relatively unchanged even when there are changes in other economic variables. This is caused by a variety of factors, such as the cost of making frequent price adjustments, cognitive biases of consumers, firms’ desire to main......

tags： price prices stickiness price can prices

08/07/2023

1427

Sophie

real price stickiness

Sticky Prices versus Flexible Prices The debate over sticky prices versus flexible prices is perhaps one of the oldest debates in economics, with both sides having convincing arguments for their respective positions. Sticky prices are prices which are slow to respond to market changes, or are oth......

tags： prices flexible businesses changes their pricing

07/07/2023

1041

Sophie

nominal stickiness

tags： n can nominal stickiness

01/07/2023

1035

Sophie

unit friction

Friction is a force that opposes the relative motion of two surfaces that are touching each other. Unlike some forces, such as gravity, there is no physical body that is responsible for the frictional force. It is instead caused by the interactions between the molecules of the two surfaces. When ......

tags： force friction frictional friction force amount

15/06/2023

1088

Hannah

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