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Herd immunity must be 100% to confer protection to a group.
Up-front Fee
An up-front fee is a charge or payment required before the receipt of a service or product, typically used to cover initial costs.
Price Discrimination
Price discrimination is 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 segments of consumers.
Optimal Two-part Tariffs
A pricing strategy that includes a fixed fee plus a variable charge based on usage, designed to maximize profit while catering to consumer usage patterns.
Entrance Fee
A charge for admission to a facility, event, or institution.
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