Examlex
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Price Discrimination
A pricing strategy where a company charges different prices for the same product or service in different markets or to different segments of consumers, based on willingness to pay.
Product Differentiation
The method of differentiating a product or service from those available in the market to enhance its appeal to a specific target audience.
Barriers To Entry
Economic, procedural, regulatory, or technological factors that obstruct or restrict the ability of new competitors to enter and operate in a market.
Price Discrimination
A strategy where a provider sells identical or similar goods or services at varied prices in diverse markets.
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