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Arbitrage
________ is a process where good is bought in one market at a low price but sold to another market at an even higher price to profit off the price difference.
Airplane seats
________ are sold at different prices to separate business travelers from leisure ones.
Social planners
________ focus on the profit earned by the firm's owners, as well as the benefits received by the firm's consumers.
senior citizens
Children and ________ are charged lower prices in movie theaters.
Discount coupons
________ are offered in newspapers, magazines, or online to the public.
Vertical mergers
________ are mergers between firms at different stages of the production process.
Note 
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