Examlex
All of the following occurred as a result of the Tennessee Valley Authority EXCEPT
Individual Demand
The quantity of a good or service that a single consumer is willing and able to purchase at various prices.
Price Discrimination
The strategy where a business sells the same product at different prices to different groups of consumers, based on willingness to pay.
Illegal
Actions or activities that are forbidden by law or statute.
Price Discriminate
The practice of charging different prices to different consumers for the same product or service, based on what the seller thinks the market can bear, rather than standard costs.
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