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2. Price elasticity of demand - Wikipedia

   en.wikipedia.org/wiki/Price_elasticity_of_demand

   A good's price elasticity of demand (, PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good (law of demand), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent increase ...

3. Free and open-source software - Wikipedia

   en.wikipedia.org/wiki/Free_and_open-source_software

   "Free and open-source software" (FOSS) is an umbrella term for software that is simultaneously considered both free software and open-source software. [5] The precise definition of the terms "free software" and "open-source software" applies them to any software distributed under terms that allow users to use, modify, and redistribute said software in any manner they see fit, without requiring ...

4. FOB (shipping) - Wikipedia

   en.wikipedia.org/wiki/FOB_(shipping)

   For example, a person in Miami purchasing equipment from a manufacturer in Chicago could receive a price quote of "$5000 FOB Chicago", which would indicate that the buyer would be responsible for the shipping from Chicago to Miami. If the same seller issued a price quote of "$5000 FOB Miami", then the seller would cover shipping to the buyer's ...

5. Markup (business) - Wikipedia

   en.wikipedia.org/wiki/Markup_(business)

   Markup (or price spread) is the difference between the selling price of a good or service and its cost.It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit.

6. Dan Price - Wikipedia

   en.wikipedia.org/wiki/Dan_Price

   Daniel Joseph Price (born May 13, 1984) is an American entrepreneur, businessman, and media personality. He is the co-founder and former chief executive officer of Gravity Payments, a credit card processing and financial services company, of which he is the sole shareholder and board member.

7. Target costing - Wikipedia

   en.wikipedia.org/wiki/Target_costing

   Target costing is defined as "a disciplined process for determining and achieving a full-stream cost at which a proposed product with specified functionality, performance, and quality must be produced in order to generate the desired profitability at the product’s anticipated selling price over a specified period of time in the future."

8. Point of total assumption - Wikipedia

   en.wikipedia.org/wiki/Point_of_total_assumption

   Calculation of Point of Total assumption (the case when EAC exceeds PTA that should be treated as a risk trigger, is shown) The point of total assumption (PTA) is a point on the cost line of the profit-cost curve determined by the contract elements associated with a fixed price plus incentive-Firm Target (FPI) contract above which the seller effectively bears all the costs of a cost overrun.

9. Fixed-price contract - Wikipedia

   en.wikipedia.org/wiki/Fixed-price_contract

   According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".