Examlex
Nicotine abstinence syndrome consists of nicotine withdrawal symptoms.
Third-Degree Price Discrimination
A pricing strategy where different prices are charged to different groups of consumers for the same product, based on elasticity of demand.
Monopoly Power
The ability of a single seller to set prices and control the market for a good or service without significant competition.
Peak-Load Pricing
Practice of charging higher prices during peak periods when capacity constraints cause marginal costs to be high.
Two-Part Tariff
Form of pricing in which consumers are charged both an entry and a usage fee.
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