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Briefly explain the certificate expiration task of the key and certificate life cycle management cancellation phase.
Direct Price Discrimination
A pricing strategy where a seller charges different prices to different customers for the same product or service, based on their willingness to pay.
Inelastic Demand
A situation in which demand for a good or service is barely affected by changes in price.
Elastic Demand
When consumer demand for a product significantly rises or falls following a small change in its price.
Price Discrimination
The practice of selling the same product to different buyers at different prices, based on factors other than cost.
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