Examlex
A psychologist defined intellectual disability solely on the basis of how far from "normal" an individual's IQ score is. The criterion used is ____.
Marginal Costs
The growth in total expenditure associated with the creation of one more unit of a good or service.
Perfect Price Discrimination
A pricing strategy where a seller charges the maximum possible price for each unit consumed that the buyer is willing to pay, thus capturing the entire consumer surplus.
Total Profits
The entirety of earnings a company or individual makes after subtracting the total costs from the total revenues.
Two-part Tariff
A pricing strategy that includes a fixed fee plus a variable usage fee, commonly used in utility services or subscription-based services.
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