Examlex
Neoliberalism refers to a new expansion in time and space of the free market
Network Externalities
The effect that one user of a product or service has on the value of that product to other people, often positive, where the value increases as more people use it.
Profit-maximizing
The process or strategy of adjusting production and sale levels to achieve the highest possible profit.
Communications Network
A system of interconnected digital or analog devices and channels used for the purpose of exchanging information.
Willingness to Pay
The maximum amount an individual is ready to sacrifice to acquire a good or service or to avoid something undesirable.
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