Examlex
If one chimpanzee watches a second chimp solve a puzzle for a food reward,the first chimp may thereby learn how to solve the puzzle.This best illustrates
Nondiscriminating Pure Monopolist
A market player who is the sole seller of a product or service but charges a single price to all customers without price discrimination.
Average Revenue
The amount of revenue generated per unit of output sold, calculated by dividing total revenue by the quantity of units sold.
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