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In the expression for present value of benefits (PVB) , Σ(bt/[1+rs]t) , with bt = Bt/(1 + p) t,
Monopolist
An entity that has exclusive control over the supply of a particular product or service, and thus the power to influence the market price.
Marginal Revenue
The supplementary income earned from the sale of one extra unit of a good or service.
Pink Flamingo
a brightly colored bird known for its long legs and neck, often associated with decorative lawn ornaments in popular culture.
Artisans
Skilled craft workers who make or create items by hand that may be functional or strictly decorative.
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