Examlex
People often cancel their plane tickets when there is a news report about a plane crash, even though crashes are very rare. This behaviour is based on
Pay-per-view
A type of television or online streaming service where viewers pay a fee to watch a specific event or program, typically special sports events or movies.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay, measuring consumer benefit.
Single-Price Monopoly
A market structure where the monopolist offers its product to all consumers at the same price, without price discrimination.
Pay-per-view
A service that allows consumers to pay for and watch individual events or content, typically through a cable or satellite TV provider or online platform.
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