Examlex
Price discrimination occurs when stores mark down products for sale.
Landlords
Individuals or entities that own property and rent it out to tenants in exchange for rent payments.
Subsidizing Rent
A government policy of providing financial assistance to help cover the cost of rent for individuals or households.
Elastic
Describes how much the quantity demanded of a good responds to a change in the price of that good, with higher elasticity indicating a greater response.
Foreign Visitors
Individuals from other countries who travel to a country for various purposes such as tourism, business, or education.
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