Examlex
________ allow consumers to post their thoughts on a website and read similar thoughts of others.
CD Changer
A device that stores multiple compact discs and allows the user to select and play them in sequence without manual swapping.
Free Maintenance
Free maintenance refers to services provided for the upkeep of a product, without additional cost, for a certain period after the purchase.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay.
Negotiated Price
The outcome of a bargaining process between two or more parties, where the final price of a good or service is agreed upon.
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