Examlex
Your usual twenty minute commute takes two hours one morning when a 747 makes an emergency landing in the HOV lane on the beltway.This is an example of ________ variation.
Customary Pricing
A pricing strategy where the price is based on what the market expects to pay, often influenced by tradition or standard practice.
Home-improvement Retailer
A business that specializes in selling products and services for home renovation and repair projects, catering to both DIY enthusiasts and professional contractors.
Pine Bark Mulch
A type of mulch made from shredded bark of pine trees, used in gardening and landscaping to inhibit weed growth, retain soil moisture, and improve soil health.
Target Return-on-sales Pricing
A pricing strategy where the price is set based on a target return on the sales revenue generated, aiming for a specific profit margin.
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