Examlex
Which of the following is a modern example of privatizing a common resource?
Reservation Prices
The maximum price a buyer is willing to pay for a good or service or the minimum price a seller is willing to accept.
Bundling
The practice of selling two or more products or services together as a single package, often at a discounted rate.
All-you-can-eat Salad Bar
A service model in restaurants where customers pay a fixed price to consume as much salad as they wish from a variety of options.
Price Discrimination
The strategy of selling the same product to different customers at different prices based on willingness to pay.
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