Examlex
Is FedEx centralized or decentralized? Explain.
Weak Axiom
A less stringent version of a mathematical axiom used in economics and decision theory that deals with the consistency of consumer choices under varying circumstances.
Revealed Preference
A concept in consumer theory stating that the preferences of consumers can be revealed by their purchasing habits.
Prices
The price in money anticipated, needed, or given in exchange for a commodity.
Strong Axiom
An advanced principle or rule, often within a specific field of study, that has widespread acceptance and provides a solid foundation for further developments.
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