Examlex
The suspect's behavior after the crime can be used to infer that the crime was committed but cannot be used to infer that the defendant is innocent.
Nondiscriminating Monopolist
A monopolist that charges all consumers the same price for its product or service instead of setting different prices for different consumers.
Marginal Revenue
The profit made by selling one more unit of a product or service.
Average Revenue
The amount of revenue generated per unit of output sold, calculated by dividing total revenue by the quantity sold.
Nondiscriminating Pure Monopolist
A market player who is the sole seller of a product or service but charges a single price to all customers without price discrimination.
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