Match the definition with the correct term.
Definitions:
Consumer Surplus
The discrepancy between the total sum consumers are prepared and capable of spending for a product or service, and the total sum they end up paying.
Single-price Monopoly
a market structure where a monopolist sells a product or service at a single price to all consumers, with no price discrimination.
Price Discrimination
A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider to different consumers.
Single Price
A market condition where all units of a particular good or service are sold at the same price to all buyers.
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