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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
The Manor is the second largest house by official living space in the Los Angeles metropolitan area; the mansion is also bigger than both the White House and the Taj Mahal. [1] After Aaron's death, the property was subsequently owned by British heiress Petra Ecclestone , daughter of Formula One racing magnate Bernie Ecclestone .
The yearly depreciation of a car is the amount its value decreases every year. Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14]
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