Examlex
Of the essential managerial competencies,which is most relevant and which is least meaningful for a supervisor? Explain your reasoning.
Peak-Load Pricing
A pricing strategy that sets higher prices during times of high demand and lower prices during times of low demand.
Marginal Cost
The additional charge of creating one more unit of a product or service.
Peak-Load Pricing
A pricing strategy that involves adjusting prices in response to fluctuations in demand, particularly during peak usage times.
Marginal Cost
The expense associated with the production of an extra unit of a product or service.
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