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Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period.
Two-part Tariff
A pricing strategy that includes a fixed fee plus a variable fee based on consumption or usage level.
Marginal Cost
The financial outlay required to produce a further unit of a product or service.
Demand
Demand refers to the quantity of a product or service that consumers are willing and able to purchase at various prices during a given time period.
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