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Check out Chess with Different Armies, our featured variant for July, 2024.
Check out Chess with Different Armies, our featured variant for July, 2024.
I am now thinking about differences of cost, price and value.
I can compare these terms to economics language.
Cost is a cost.
Price is a list price.
Value is the proceeds.
So this formula is made up.
[Price]=[Cost]×(1+[Profit Ratio])
[Value]=[Price]×(1-[Discount Ratio])
Value≈Price≥Cost
0≤Profit Ratio≤1
0≤Discount Ratio≤1
These two ratio are a correction changing in various situation.
Profit Ratio
Pawn=100%
Archbishop=37.5%~45.8%
Queen=12.5%~18.75%
Bishop-pairs=8.3%