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  2. History of Walmart - Wikipedia

    en.wikipedia.org/wiki/History_of_Walmart

    Sam Walton's original Walton's Five and Dime, now the Walmart Museum Visitor's Center in Bentonville, Arkansas. The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10. [1]

  3. Price elasticity of demand - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_demand

    A good with an elasticity of −2 has elastic demand because quantity demanded falls twice as much as the price increase; an elasticity of −0.5 has inelastic demand because the change in quantity demanded change is half of the price increase. [2] At an elasticity of 0 consumption would not change at all, in spite of any price increases.

  4. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.

  5. Tax Cuts and Jobs Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

    The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. Tooltip Public Law (United States) 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.

  6. Gilt-edged securities - Wikipedia

    en.wikipedia.org/wiki/Gilt-edged_securities

    A decline in coupons: several gilts were issued in the 1970s and 1980s with coupons of ≥10% per annum, but these have now matured. A large and prolonged increase in the overall volume of issuance as the public sector borrowing requirement has increased. An increase in the volume of issuance of very long dated gilts to respond to demand for these.

  7. Price gouging - Wikipedia

    en.wikipedia.org/wiki/Price_gouging

    1904 cartoon warning attendees of the St. Louis World's Fair of hotel room price gouging. Price gouging is a pejorative term used to refer to the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some.

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