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Strategic Pricing Has Three Aspects: Predatory Pricing,multipoint Pricing,and Segment Curve

question 43

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Strategic pricing has three aspects: predatory pricing,multipoint pricing,and segment curve pricing.


Definitions:

Automatic Stabilizers

Structural features of government spending and taxation that reduce fluctuations in disposable income, and thus consumption, over the business cycle.

Net Taxes

The total taxes paid to the government after subtracting transfers and government spending directly beneficial to the taxpayer, such as social security or unemployment benefits.

Disposable Income

The finance households possess for setting aside savings and covering expenses, following income tax deductions.

Consumption

The use of goods and services by households.

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