Examlex
What is the difference between microcontrollers and microprocessors with respect to their use in IoT?
Increasing Block Rate
A pricing structure where the unit price of a service or commodity increases with the amount consumed, commonly used in utility and service pricing to encourage conservation.
Second-degree Price Discrimination
A pricing strategy where prices vary based on the quantity consumed or purchased, not by who purchases or their personal characteristics.
Quantity Consumed
The total amount of a product or resource used by individuals, households, or an economy within a specified time frame.
Reservation Price
The maximum price a consumer is willing to pay for a good or service, or the minimum price a seller is willing to accept.
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