Examlex
When firms exit a market,the ________,causing individual firms' profits to ________.
Willingness To Pay
The maximum amount an individual is prepared to spend to procure a good or service.
Charge Customers
The act of requesting payment from consumers for goods or services provided.
Bundled Price
A pricing strategy where multiple products or services are sold together at a single, combined price, often at a discount to purchasing them separately.
Unit Price
The cost for a single unit of a product, service, or measure of quantity, used for price comparison and economic decision making.
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