Examlex
Unit testing does not require automated code execution.
Nondiscriminating
Nondiscriminating, in economic terms, often refers to pricing or marketing policies that do not vary between different consumers or groups, treating all participants equally.
Pure Monopolist
A market scenario where a single seller controls the entire supply of a product or service, with no close substitutes available to consumers.
Productively Efficient
This refers to a situation where a firm produces goods at the lowest possible cost.
Allocatively Inefficient
A situation where resources are not allocated to produce the mix of goods and services that most benefits society or meets consumer preferences.
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