Thus, if public pressure sets the effective limit to the price that the industry may charge, this pressure is itself a function of the wage rate.

Thus, the public-limit price is raised further by a given wage increase the longer it has been since the previous price increase.

Thus, Hayek put the price mechanism on the same level as, for example, language.

Thus the total revenue curve for a competitive company is a ray with a slope equal to the market price.

Thus for each unit the seller tries to set the price equal to the consumer ’ s reservation price.

Thus the price discrimination promotes efficiency.

Thus nowadays the dominant intuitive idea of the conditions justifying price taking and thus rendering a market perfectly competitive is an amalgam of several different notions, not all present, nor given equal weight, in all treatments.

Thus other people pay the price of water pollution, while the private firms ' profits are not redistributed to the local population victim of this pollution.

Thus environmental groups may purchase and retire emission permits and hence drive up the price of the remaining permits according to the law of demand.

Thus, by charging a higher per unit price and a lower lump-sum fee, the firm has generated area E more profit than if it had charged a lower per-unit price and a higher lump-sum fee.

Thus, an equation determining the price inflation rate ( gP ) is:

Thus, the supplier sets a lower price for that consumer because the student or senior has a more elastic Price elasticity of demand ( see the discussion of Price elasticity of demand as it applies to revenues from the first degree price discrimination, above ).

Note that the right-hand side of the equation is also the price of buying a forward contract on the stock with delivery price K. Thus one way to read the equation is that a portfolio that is long a call and short a put is the same as being long a forward.

Thus given no arbitrage opportunities, the above relationship ( put-call parity ) holds, and for any three prices of the call, put, bond and stock one can compute the implied price of the fourth.

Thus, for instance, for call warrants, if the stock price is below the strike price, the warrant has no intrinsic value ( only time value — to be explained shortly ).

Thus it can be argued that the most basic and general definition of price is that expressed in money, and that the exchange ratio between two goods is simply derived from the two individual prices.

Thus, if we took the final price of a good ( the cost to the final consumer ) and analysed the cost structure of that good, we might find that, over a period of time, the direct producers get less income and intermediaries between producers and consumers ( traders ) get more income from it.

Thus the price of the finished product bears no resemblance to the costs of production, since the two represent market conditions at very different points in time.

Thus technological innovation and scientific crop management with synthetic nitrogen fertilizer, irrigation and wheat breeding were the main drivers of wheat output growth in the second half of the century.

" ) and the verse immediately below the one describing navel states ".... Your belly is a heap of wheat ...." Thus the description of the navel is placed textually in between the description of the curves of a woman through thigh and the stomach or midriff.

Thus in the 1940s the Dutch paediatrician Dr. Willem Dicke was able to corroborate his previously researched hypothesis that wheat intake was aggravating Coeliac disease.

Thus, German breweries continue to comply with the Biergesetz, often claiming compliance with the Reinheitsgebot even when it is patently incorrect ( for example, for wheat beers, which were prohibited by the Reinheitsgebot ), using this compliance as a valuable marketing tool.

Thus, many baked goods advertised as whole-wheat are not entirely whole-wheat ; they may contain some refined white wheat, as long as the majority of the wheat used is whole-wheat.

Thus, products made from this type of flour contain smaller amounts of fiber than those made with whole wheat flour.

Thus, raising taxes of each acre of wheat field to 4 dirhams and each acre of barley field to 2 dirhams, whereas during reign of Khosro Anushiravan it used to be a single dirham for each acre of a wheat or barley field.

Thus they are not related to true wheat.

Thus it has the symbol of a wheat grain engraved on the archway of the barbican gate.

Thus the government simultaneously undertook the vast burden of social security which had traditionally been privately discharged, and created a national scarcity which has engendered calamitous problems of social security.

Thus it was that Barco, apprehended for mere larceny, now began to suspect that one or another of his murders had been uncovered.

Thus, when Dartmouth's Winter Carnival -- widely recognized as the greatest, wildest, roaringest college weekend anywhere, any time -- was broadcast over a national television hookup, Prexy John Sloan Dickey appeared on the screen in rugged winter garb, topped off by a tam-o'-shanter which he confessed had been acquired from a Smith girl.

Thus, while it remains possible that the Babylonians and/or the Pythagoreans may perhaps have had the magic square of three before the Chinese did, more definite evidence will have to turn up from the Middle East or the Classical World before China can lose her claim to the earliest known magic square by more than a thousand years.

Thus he prohibited the application of torture to children under fourteen years, though this rule had exceptions.

" Thus Ambrose refused to be drawn into a false conflict over which particular local church had the " right " liturgical form where there was no substantial problem.

Thus, from the human body, the usual form assigned to the Deity, forasmuch as it is written that God created man in his own image, issue the two supporters, Nous and Logos, symbols of the inner sense and the quickening understanding, as typified by the serpents, for the same reason that had induced the old Greeks to assign this reptile for an attribute to Pallas.

Thus, during the abdication crisis of 1936, caused by Edward VIII's desire to marry Wallis Simpson, the consent of all realms concerned, along with, in some cases, new acts of parliament, was required in Britain and throughout the British Dominions to allow for Edward's stepping aside and to ensure that if he had any children they would have no claim to the thrones.

Thus, Abulafia in the 13th century assumed that the language spoken in Paradise had been different from Hebrew, and rejected the claim then current also among Christian authors, that a child left unexposed to linguistic stimulus would automatically begin to speak in Hebrew.

Thus Dürer contributed to the expansion in German prose which Martin Luther had begun with his translation of the Bible.

Thus, Walsh modified the vertical passing scheme he had learned during his time with the Raiders, designing a horizontal passing system that relied on quick, short throws-often spreading the ball across the entire width of the field.

Thus a fighter realizing he was in trouble had an opportunity to recover.

Thus, southern Germany once more became part of the Frankish kingdom, as had northern Germany during the first years of the reign.

In his fictional historical essay " The Hyborian Age ", Howard describes how the people of Atlantis — the land where his character King Kull originated — had to move east after a great cataclysm changed the face of the world and sank their island, settling where Ireland and Scotland would eventually be located, Thus they are ( in Howard's work ) the ancestors of the Irish and Scottish ( the Celtic Gaels ) and not the Picts, the other ancestor of modern Scots who also appear in Howard's work.

Thus, by 1939, both Church ( 1934 ) and Turing ( 1939 ), neither having knowledge of the other's efforts, had individually proposed that their " formal systems " should be definitions of " effective calculability "; neither framed their statements as theses.

Thus, many understood Eutyches to be advocating Docetism, a sort of reversal of Arianism — where Arius had denied the consubstantial divinity of Jesus, Eutyches seemed to be denying his human nature.

Thus the Rump never had more than two hundred members ( less than half the number of the Commons in the original Long Parliament ).

Thus, every non-Han dynasty saw itself as the legitimate holder of the " Mandate of Heaven ", which legitimized the dynastic cycle regardless of social or ethnic background as it was moral integrity and benevolent leadership that had been validating the " Mandate of Heaven.

Thus, Cyril followed his uncle in a position that had become powerful and influential, rivalling that of the prefect in a time of turmoil and frequently violent conflict between the cosmopolitan city's Pagan, Jewish, and Christian inhabitants.

Thus, this supposedly distinctive feature was easy to use, but had nothing to do with actual phylogenic relationship.

Thus the dragoon regiments of the Imperial German Army wore the pickelhaube ( spiked helmet ) of the same design as those of the infantry and the British dragoons wore scarlet tunics, In other respects however dragoons had adopted the same tactics, roles and equipment as other branches of the cavalry and the distinction had become simply one of traditional titles.

Thus Bolesław the Brave might have received Kraków as his part of his father's legacy before the Dagome iudex had been written.

Thus, churches actually had money-changing tables at which each coin would be examined separately and a token of actual worth given to the layperson so that he or she could be seen by the other parishioners as putting money in the basket during that part of the service.