He also warned them against equalising charges upwards by raising the price of local transfers.
The share price of Local.com rose 75% in aftermarket trading that day.
Right around the country the private sector is telling us that the gap between the costs of care and the price that local authorities pay is just getting wider and wider, and there is no way it can be bridged.
According to Bloomberg News, China plans on stockpiling more oil to reduce its local price fluctuations.
And Internet messages travel round the world for no more than the price of a local telephone call.
Although the price is a local one, it also reflects regional demand.
Trulia even tracks local price reduction trends like percentage of properties with price cuts, average discounts and average number of days before a cut.
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Even if we were to measure UK inequality taking account of local price differences (especially, again, housing costs) then much of it would disappear again.
People in Scotland pay the price of a local phone call when calling the advice service from a landline, with calls from a mobile often costing more.
As a result, calls are charged at a much cheaper rate: long-distance and international calls can be made for the price of a local call and a home broadband-internet connection.
You are likely to find a buyer more quickly and at a better price if you factor in local market conditions and recent sales before setting an asking price, burnish your home's Internet profile and plan ahead for a home appraisal.
Even staid accountants have caught the entrepreneurial buzz: the annual staff turnover rate at Price Waterhouse's local software-services group is 25%.
Diageo found creative ways to trim the price, by using local barley and sorghum, by putting the beer in big kegs rather than costly bottles and by inventing a cheap hand-pump to serve it.
But he is also honest about the fact that there is no magic wand you can wave to suddenly reduce the price of gasoline at your local station.
Theatre Uncut was born in 2011 when artistic directors Emma Callander and Hannah Price asked a number of local writers for short plays in response to government spending cuts.
Even with these complexities, consumers have already started to notice that the prices of some European goods have fallen, with local newspapers reporting price declines for cheese, wine and other consumables.
These manufacturers tend to be more nimble in adapting to local tastes at appropriate price points.
Altos calculated the median asking price for single-family homes and condominiums, weighting the price based on the mix of local property types.
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This kind of incentive far outweighs the heavier hand of using regulatory mandates or certain price controls, since participation from local vendors is voluntary.
Price remembers queuing up in his local HMV in Cardiff in the early 80s to get a copy of Na Na Hey Hey Kiss Him Goodbye signed by Bananarama .
Despite the British army bringing in supplies of bottled water and fitting a pipeline, Save the Children was told that water is being sold to the local people at a price few can afford.
India too had several serious economic issues during the first half of the year (including high import duties, market turmoil and a local spike in the price of gold) that resulted in a reduction for gold jewelry.
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But it is, again, a false promise to make by any politician that they have a 3-point plan -- that a 3-point plan exists that can guarantee a certain price for unleaded gasoline at your local Exxon or Sunoco or Chevron station.
The government is also likely to make sure that the price paid for Yuganskneftegaz is a mouthful local bidders are able to swallow.
Some high-end homes in the city have sold for as much as 10% over the asking price, says Lisa Kornhauser, a local agent with John Daugherty Realtors.
New cars are subject to a stiff tax ranging from 40% to 60% of the base price, a surcharge imposed by the local government to discourage road-system gridlock.
China's small and medium enterprises, for example, paid a dear price as state-owned entities and local governments received the lion's share of the limited supply of loans from commercial banks.
The price of a burger depends heavily on local inputs such as rent and wages, which are not easily arbitraged across borders and tend to be lower in poorer countries.
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