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Use the graph above showing data for the brightest galaxies in clusters of galaxies to answer the following question. If new studies show that the exceptions are a class of galaxies with extraordinarily bright centers, which conclusion is not justified based on the plot and the findings of these new studies?
Fair Prices
Pricing that is considered just, reasonable, and beneficial for both the buyer and seller in a transaction.
Price Elasticity
A measure of how much the quantity demanded of a good changes in response to a change in its price.
Price Discrimination
The strategy of selling the same product to different customers at different prices based on market segment, geographic location, or other variables.
Price Discrimination
The strategy of selling the same product to different customers at different prices based on various factors.
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