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Storage Devices for Computer Data

question 37

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Storage devices for computer data


Definitions:

Price Discrimination

A pricing strategy where a seller charges different prices to different customers for the same product or service, based on factors other than the cost of production.

Price Searchers

Sellers who have the ability to control and set prices because their products do not have perfect substitutes.

Marginal Revenue

The additional income that a firm receives from selling one more unit of a good or service.

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