Examlex
The ego operates on the pleasure principle.
Revenue
The income generated from normal business operations and includes discounts and deductions for returned merchandise.
Probability Distribution
A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.
Reservation Price
The highest price a person is prepared to spend on a product or service.
English Auction
A bidding process where the price ascends and the highest bid wins, commonly used in auction houses and online marketplaces.
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