Examlex
A manufacturer that bases its charge to customers on the customer's location or the customer's distance from the shipping point is using a ________ price.
World Series
The annual championship series of Major League Baseball in North America, contested since 1903 between the American League and National League champions.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to market price.
Firm's Willingness
A company's propensity to engage in certain actions based on its economic interests and goals.
Consumer Surplus
The discrepancy between what consumers are prepared and capable of paying for a product or service and the actual amount they end up spending.
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