Examlex
Which of the following are the inherent factors that work in favor of small businesses?
Price Discrimination
A method of setting prices in which the same provider sells nearly the same goods or services at disparate prices in different markets.
Rationing
A system of controlling the distribution of resources, goods, or services by limiting access to ensure equitable distribution, often implemented during shortages.
Reselling
The act of selling a product or service again, possibly after acquiring, refurbishing, or repackaging it.
Perfect Price Discrimination
A situation where a seller charges the maximum possible price for each unit consumed that each consumer is willing to pay, thus capturing the entire consumer surplus.
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