Examlex
Which of the following types of computer software utilities monitors users' incoming e-mail messages and filters unwanted messages from arriving?
X-inefficiency
The inefficiency that occurs in a firm due to a lack of competitive pressure, leading to higher costs than necessary.
Pure Competition
A market structure characterized by a large number of small firms, homogenous products, and free entry and exit, leading to price-taking behavior.
Pure Monopoly
A market scenario in which one company monopolizes the entire market for a specific product or service, lacking any significant alternatives.
Price Discrimination
A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.
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