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Comment: monopsony
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 monopsony:: Opposite of a monopoly, such that there many sellers but few buyers. Buyers market vs. sellers market.
BRIC
Brazil, Russia, India, China, and optionally South Africa (BRICS), or Indonesia (BRIICS)
cost of acquisition (CAC)
Cost of acquiring a customer, inclusive of advertising, etc.
Compensating differential

Difference between the wage rate and the unpleasantness, risk, or other undesirable attributes of a particular job. Wikipedia: Compensating differential.

GAFA
Google, Apple, Facebook, and Amazon. Large, public tech companies.
keystone markup
Pricing an item sold in retail for double its cost of manufacture. E.g. pricing a cell phone that costs $200 to make at $400.
lifetime value (LTV)
Net profit a customer will yield over the lifetime of the relationship with the customer
monopsony
Opposite of a monopoly, such that there many sellers but few buyers. Buyers market vs. sellers market.
NATU

Netlfix, AirBnb, Tesla, Uber. Large tech companies posed to replace GAFA.

SamatsWiki: Terms/Economics (last edited 2022-09-12 22:28:53 by SamatJain)