Examlex
A network is a system that permits networked applications on a host to work together.
Reservation Price
The highest price a person is prepared to spend on a product or service.
English Auction
A bidding process where the price ascends and the highest bid wins, commonly used in auction houses and online marketplaces.
Willingness To Pay
The maximum amount an individual is prepared to spend on a good or service, reflecting the perceived value.
Revenue
The total amount of money generated from the sale of goods or services before any expenses are subtracted.
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