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The 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, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
Gloria Vanderbilt Classic High Rise Amanda Tapered Jeans. $16 $48 Save $32. If you're looking for denim that's designed for women of all shapes and sizes, Amandas definitely fit the bill (pun ...
In fact, for under $50 you could gift your mother-in-law Ina Garten's favorite cast iron skillet, a Bindi Irwin-voiced toy microscope for your curious four-year-old niece or a set of night lights ...
The brand began franchising in 1959, and its distinctive building style was designed by Chicago architect George Lindstrom in 1963. Pizza Hut experienced significant growth, including the acquisition by PepsiCo in 1977, followed by a spin-off into Tricon Global Restaurants, Inc., later renamed Yum! Brands [6] in 2002, who are the current owners.
The actual solution to this riddle is to add correctly (correct time, correct person and correct location) from the bank point of view which in this case seems to be the problem: First day: $30 in the bank + $20 owner already withdrew = $50. Second day: $15 in the bank + ($15 + $20 owner already withdrew) = $50.
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