Examlex
A computer keeps track of the amount of time it takes for a fast-food worker to fill a drive-through order. If average drive-through time exceeds a certain number, the manager is alerted. This is an example of using the computer as
Verified
Confirmed as true, accurate, or to meet a particular standard.
Predatory Pricing
The strategy of setting prices at a very low level with the intent to eliminate competition, considered illegal in many jurisdictions.
Price Discrimination
The strategy of selling the same product to different customers at different prices based on their willingness to pay.
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