Examlex
If the potential Pareto criterion rejects a policy change,then the efficiency criterion will reject it as well.
Skimming Strategy
A pricing strategy that involves setting a high price when introducing a new product or service to "skim" maximum revenues layer by layer from segments willing to pay a high price.
Innovative Product
A new or significantly improved product, service, or technology that meets a new requirement or serves a new market, often resulting in enhanced efficiency, convenience, or performance.
Initial Price
The starting price set for a product or service when it is first introduced to the market.
Publishers' Retail List Price
The price suggested by publishers that retailers should charge for their books.
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