Examlex
Assembly languages are the second generation of languages that use symbolic instruction codes, such as A for add, M for multiply, and L for load.
Price Discrimination
A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or to different customers.
Earn More Profit
Refers to the increase in net revenue a company achieves through strategies such as cost reduction, price adjustment, or market expansion.
Elastic Demand
A condition in which the percentage change in quantity demanded of a product is greater than the percentage change in its price, indicating high sensitivity to price changes.
Senior Citizens
Individuals who are considered elderly, typically qualifying for certain benefits at a particular age, often 65 or older.
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