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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
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Milton Friedman (/ ˈfriːdmən / ⓘ; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. [4] With George Stigler, Friedman was among the ...
Thirty Years' War. The Thirty Years' War, [j] from 1618 to 1648, was one of the most destructive conflicts in European history. Fought primarily in Central Europe, an estimated 4.5 to 8 million soldiers and civilians died from the effects of battle, famine, or disease, while parts of Germany reported population declines of over 50%. [19]
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