Examlex
Intensive distribution is selling a product through all responsible and suitable wholesalers or retailers who will stock or sell the product.
Weak Axiom
A less stringent rule or principle that is accepted as valid, often used in economic theories to make assumptions about consumer behavior.
Revealed Preference
An economic concept suggesting that the choices consumers make reflect their preferences, assuming that their decisions will maximize their satisfaction.
Prices
The amount of money required to purchase goods or services, often determined by supply and demand dynamics.
Preferences
In economics, preferences refer to the ranking or order of different alternatives or goods based on their desirability by individuals or entities.
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