Examlex
A small flock of birds becomes stranded on an isolated island during a hurricane.The birds successfully breed and spread across the island.Several decades later,a hurricane hits the island and randomly kills off most of the birds,including the only birds in the population that had black tails.This scenario is an example of the loss of ____________diversity.
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.
Rebates
Rebates are partial refunds to purchasers of products or services, often used as a promotional tool by marketers to increase sales or the perceived value of a product.
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