Comparison of wireless data standards. A wide variety of different wireless data technologies exist, some in direct competition with one another, others designed for specific applications. Wireless technologies can be evaluated by a variety of different metrics of which some are described in this entry. Standards can be grouped as follows in increasing range order: Personal Area Network (PAN) systems are intended for short range communication between devices typically controlled by a single person.
Dynamic Pricing. Definition - What does Dynamic Pricing mean? Dynamic pricing is a customer or user billing mode in which the price for a product frequently rotates based on market demand, growth and other trends. It enables setting a cost for software or Web-based product that is highly flexible in nature. Dynamic pricing is also known as real-time pricing.
The dynamic postulates of the fixed-exchange system can be approximated by. which states that the price level rises in proportion to the excess demand for goods and services, and. which states that the rate of interest rises and falls in proportion to the discrepancy between foreign exchange payments and receipts.