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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 ...
The missing dollar riddle is a famous riddle that involves an informal fallacy. It dates to at least the 1930s, although similar puzzles are much older. [1]
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 ...
Joe Biden’s refusal to step aside stifled attempts to push him off the Democratic ticket on Tuesday.
If you're headed out on a trip soon, now is the time to scoop up some of the most recommended travel essentials from frequent fliers while they're up to 65% off.
SM Prime Holdings is the largest shopping retail operator in the Philippines with 78 operating malls totaling a gross floor area of 4.5 million square meters nationwide. [1]
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
The automotive industry in the Philippines is one of the largest in the Asia-Pacific region, with approximately 441.4 thousand vehicles sold in 2023. [1] [2] Most of the vehicles sold and built in the Philippines are from foreign brands.
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