Examlex
Dark adaptation is the process by which visual receptors become maximally sensitive to dim light.
Markup
The difference between the cost of a good or service and its selling price, expressed as a percentage of the cost.
Cost-Plus Approach
A pricing strategy where a fixed percentage is added to the production cost to determine the sale price of a product.
Bottleneck
A stage in a process that reduces the overall capacity because it runs at the slowest speed.
Contribution Margin
The excess of sales over variable costs.
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