Match the Definition with the Correct Term

question 3

Multiple Choice

Match the definition with the correct term.
-The transfer of electrons between two atoms

• A)Micro
• B)Mole
• C)Amino acids
• D)Catabolism
• E)Ion
• F)Covalent bond
• G)Metabolism
• H)Ionic bond

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Definitions:

Robinson-Patman Act

Part of a group of laws collectively called the antitrust laws governing competition in the United States. Under the Robinson–Patman Act, it’s illegal to give or receive a price discount on a good sold to another business. This law does not cover services and sales to final consumers.

Price Discrimination

The strategy of selling the same product to different customers at different prices, often based on their willingness or ability to pay.

Elastic Demand

A scenario in which a notable fluctuation in the demand for a product or service occurs due to a variation in its price.

Marginal Cost

The extra expense associated with making an additional unit of a product or service.