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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.
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
A spreadsheet is a computer application for computation, organization, analysis and storage of data in tabular form. [1][2][3] Spreadsheets were developed as computerized analogs of paper accounting worksheets. [4] The program operates on data entered in cells of a table. Each cell may contain either numeric or text data, or the results of ...
In a two-hour virtual hearing on Thursday, a judge ordered the parties to “go back to the drawing board” regarding language in the settlement that limits third-party pay to athletes, most ...
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VisiCalc ("visible calculator") [1] is the first spreadsheet computer program for personal computers, [2] originally released for the Apple II by VisiCorp on October 17, 1979. [1] [3] It is considered the killer application for the Apple II, [4] turning the microcomputer from a hobby for computer enthusiasts into a serious business tool, and then prompting IBM to introduce the IBM PC two years ...
Thailand has detected 800 cases of mpox Clade 2 since 2022, but so far not detected a case of the Clade 1 or Clade 1b variants. (Reporting by Panarat Thepgumpanat; Writing by Martin Petty; Editing ...
Green Veggie Bowl with Chicken & Lemon-Tahini Dressing. For this healthy 30-minute dinner, treat your veggies like pasta and cook until al dente, or just done. If you have a little extra time ...
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