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A rape victim may experience a panic attack when she sees anyone wearing a coat that resembles the one worn by her attacker. This reaction best illustrates the process of
Price Discrimination
The practice of selling the same product or service at different prices to different customers, not due to differences in cost.
Competitors
Entities or individuals engaged in a commercial contest or rivalry, vying for the same market share or customer base.
Market Share
The percentage of an industry's sales that a particular company controls.
Substitutable Products
Goods or services that can serve as replacements for each other; demand for one increases when the price of the other increases.
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