Examlex
A _________ integration takes information entered into a given system and sends it automatically to all upstream systems and processes.
Optimal Strategy
Strategy that maximizes a player’s expected payoff.
Auctioned
A method of sale where goods or services are sold to the highest bidder.
Highest Bidder
The individual or party that offers the most money for an item in an auction or competitive bidding situation.
Consumer Surplus
Difference between what a consumer is willing to pay for a good and the amount actually paid.
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