The rising price does reduce demand but each festival and wedding season brings sales back up again.
Research has suggested a 50p minimum price would reduce consumption by 6.7% which after 10 years would mean there were 3, 000 fewer alcohol deaths and 100, 000 fewer hospital admissions.
But the Wine and Spirit Trade Association said recent figures showed alcohol consumption was falling and there was little evidence showing that a minimum price would reduce problem drinking.
Think back to the 1990s when consumer electronics companies tended to launch an innovative product with a high price to tempt the early adopters and then, generally, reduce the price to soak up a wider market (sometimes stripping out a few features).
The development of these finds will help Dow, said Liveris, inasmuch as they reduce price volatility.
Structural reforms to strengthen competition and reduce price inertia would make monetary policy more effective.
Officials have suggested that raising the price could help reduce consumption by around 20%.
By aligning an executive's pay with the firm's share price, options reduce the scope for playing games.
That price change will reduce demand and thus supply and demand will balance.
To date, inflation expectations appear to have remained reasonably well anchored, but any tendency of inflation expectations to become unmoored or for the Fed's inflation-fighting credibility to be eroded could greatly complicate the task of sustaining price stability and reduce the central bank's policy flexibility to counter shortfalls in growth in the future.
Republicans should stick to reducing taxes given the correct belief that taxes are a price placed on work, and as the Party of opportunity, its politicians will constantly seek to reduce that price.
FORBES: Republicans Don't Need A Reset, They Just Need To Act Like Republicans Again
This price sensitivity would not only reduce the aggregate amount spent on insurance, but may work to reduce unnecessary utilization of medical services and more price sensitivity when it comes to choosing providers, medications, and treatment plans.
FORBES: Employers Dropping Health Care Coverage Could Benefit Health Care Quality and Cost
Retailer Phones 4U likewise has reduce the price of the phone for Vodafone customers, he adds.
FORBES: BlackBerry: Z10 Inventories Piling Up In U.K., Analyst Says
Generous rebates would further reduce the price of solar panels for consumers and increase sales.
Beijing, energy consultants say, is using the plight of sanctions to reduce the price they pay.
He has also promised to bring in measures to reduce the price of basic foodstuffs.
Eventually, the free market steps in and prices begin going down when other nearby stations reduce their price.
If you reduce the price of productivity and risk-taking, i.e. taxes, you'll get more of those good things.
The consortium is selling in lots because bulk sales could reduce the price.
Parente and Bragdon estimate that repeal of community rating and guaranteed issue could reduce the price of individual coverage by 42%.
WSJ: Peter Suderman: The Lesson of State Health-Care Reforms
Japan must cut income tax rates substantially, which would reduce the price and burden of risk-taking and reward success and productivity.
Furukawa wants to reduce the price to of the salt-water system to half the cost of a conventional lead acid battery.
However, risks still remain due to the government's decision to increase regularly the subsidized price of diesel to reduce its financial burden.
The company contends that competition would reduce the price and improve the performance of both engines over the life of the program.
FORBES: Why Adam Smith Isn't Welcome In The Defense Industry
The main challenge will be to reduce the price of access devices.
In the past, Thomas Cook struggled with unsold holidays on its books, forcing it to cut capacity and reduce the price of package tours.
According to the textbooks, an increase in the supply of yen relative to the supply of dollars should reduce the price of the yen.
ECONOMIST: It is time for the yen to climb and the dollar to fall
The essence is to reduce the price of a product or service by a breathtaking amount 80% rather than 10% by removing unnecessary bells and whistles.
Yes, easing restrictions on the sale and production of drugs would dramatically reduce their price, denying the criminals both revenues and incentives to do violence.
But they amount to little more than price controls that will reduce the availability of insurance and do nothing to make it more affordable.
应用推荐