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1937-1948 era Oliver Model 80 agricultural tractor. The Oliver Farm Equipment Company was an American farm equipment manufacturer from the 20th century. It was formed as a result of a 1929 merger of four companies: [1]: 5 the American Seeding Machine Company of Richmond, Indiana; Oliver Chilled Plow Works of South Bend, Indiana; Hart-Parr Tractor Company of Charles City, Iowa; and Nichols and ...
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 theory ...
Price controls. Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a ...
Cyrus Hall McCormick patented an early mechanical reaper. 1900 ad for McCormick farm machines—"Your boy can operate them" 1921 International Harvester Model 101 on display at the Iowa 80 Trucking Museum, Walcott, Iowa. 1925 International Model 63 Street-Washing Truck on display at the Iowa 80 Trucking Museum, Walcott, Iowa.
Today White is an AGCO brand. AGCO was formed in 1990 by former Deutz-Allis executives. The executives took over Deutz-Allis and then purchased the White tractor line and Hesston Corporation brands in 1991. The remaining White-New Idea Company was purchased by AGCO in 1993 from Allied. The White tractor line was produced by AGCO from 1991 ...
Real prices and ideal prices. The distinction between real prices and ideal prices is a distinction between actual prices paid for products, services, assets and labour (the net amount of money that actually changes hands), and computed prices which are not actually charged or paid in market trade, although they may facilitate trade. [ 1 ]
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Lower prices (for some) than in a one-price market. Even the lowest "discounted" prices are higher than the price in a competitive market, which is equal to marginal cost. For example, trains tend to be near-monopolies (see natural monopoly). Seniors may get lower train fares than under uniform pricing, because the train operator knows that old ...
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