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To qualify for free shipping, non-Prime members typically have to purchase an order totaling at least $25. On Monday, the e-commerce giant said it has raised that minimum to $35.
Zazzle. Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies. Zazzle has partnered with many brands to amass a collection of digital images from companies like Disney, Warner Brothers ...
For shoppers who want to avoid shipping charges on their online purchases, Amazon has historically made it easy. You can either spend a minimum of $25 to qualify for free shipping on most...
Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]
Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
Resale price maintenance ( RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum ...
Average cost. In economics, average cost ( AC) or unit cost is equal to total cost (TC) divided by the number of units of a good produced (the output Q): Average cost is an important factor in determining how businesses will choose to price their products.
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Order statistic. of the order statistics for a sample of size n = 5 from an with unit scale parameter. In statistics, the k th order statistic of a statistical sample is equal to its k th-smallest value. [1] Together with rank statistics, order statistics are among the most fundamental tools in non-parametric statistics and inference .
Definitions. Beam – A measure of the width of the ship. There are two types: Beam, Overall (BOA), commonly referred to simply as Beam – The overall width of the ship measured at the widest point of the nominal waterline. Beam on Centerline (BOC) – Used for multihull vessels. The BOC for vessels is measured as follows: For a catamaran: the ...
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