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What factors would cause an increase in the demand for trans fat-free Crisco shortening?
Unproductive
Pertaining to activities or processes that do not generate any significant value, output, or growth, often resulting in inefficiency or waste.
Price Discrimination
A pricing strategy where a seller charges different prices for the same product or service to different customers, based on what the seller believes each customer will pay.
Oligopolistic Pricing
A pricing strategy adopted by companies in an oligopoly, where a few firms dominate the market and prices are often influenced by the actions of competitors.
Monopolistic Pricing
This refers to the practice by a monopolist to set prices higher than in competitive markets because they control a large portion of the market for a particular good or service.
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