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When is a Linear Program unbounded?
Price Discrimination
Price discrimination occurs when a seller charges different prices for the same product or service to different customers, based on the willingness to pay, often to maximize revenue.
Oligopolist
An oligopolist is a producer or seller in an oligopoly market structure, characterized by a small number of firms dominating the market, leading to limited competition.
Prices
The plural form referring to the various amounts of money that goods or services are bought and sold for in a market.
Price Discrimination
The strategy of selling the same product or service at different prices to different customers, based on their willingness or ability to pay.
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