er prisen uden knæk
English translation: if the price line has no kinks
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| 04:35 Sep 13, 2008 |
| Danish to English translations [PRO] IT (Information Technology) / telecommunication | |||||||
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|  Selected response from: Hanne Rask Sonderborg Denmark Local time: 11:03 | ||||||
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| 4 +1 | if the price line has no kinks |
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| 4 | if the price increases lineally |
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Answers
9 hrs confidence: 
if the price increases lineally Explanation: I understand this as a description of the price curve per item. If each item costs the same, no matter how many or how few you buy, it will be straight. (= uden knæk, as in the expression 'knække curven' with reference to statistics on unemployment, pollutants, you name it... which everyone is trying to reduce dramatically.) In some cases there will be overheads etc. calculated in the price, which affect the curve in different ways with reference to different quantities. If there is a discount for buying large quantites, the break (knæk) comes at the number of items you have to buy to get a discount. This reflects transport costs being the same, whether you buy one item or fifty. At some point the transport costs wil increase, because now you need to run two lorries instead of just one, so there will be a break (knæk) at least in the transport costs. How this is reflected in the price per item of the goods sold depends on a lot of other factors... E.g. Omkostningskurven knækket Udgifterne til personale og administration viser et lille fald i 1. kvartal i forhold til samme periode året før hvilket er positivt. Det er en følge af, at det gennemsnitlige antal medarbejdere i banken er faldet fra 213 til 205. Til trods for at banken i denne periode har åbnet Erhvervs- og Investeringscenter i Århus og har måttet anvende ekstra ressourcer til at løse de mange nye administrative opgaver, der er blevet pålagt den finansielle sektor. Men herudover er den faldende omkostningsudvikling en følge af en omfattende indsats for at knække omkostningskurven, som blev iværksat hen over sommeren 2007. |
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13 hrs confidence: peer agreement (net): +1
peer agreement (net): +1if the price line has no kinks Explanation: If you search "price line" and kinks, you'll find that it is a term used in statistics and diagrams. "Offer curves need not be nearly as smooth and well behaved as shown above. In the Ricardian Model, for example, they include straight lines from the origin and kinks." http://www-personal.umich.edu/~alandear/glossary/figs/OfferC... Example sentence(s):
Reference: http://ksghome.harvard.edu/~rzeckhauser/Schmeduling_Oct17200... Reference: http://www.nber.org/chapters/c3389.pdf |
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