Examlex
A systematic step-by-step method for training nonmanagerial employees on the job is known as
Price Customers
Refers to consumers whose purchasing decisions are primarily influenced by the price of goods or services.
Operate As Cartel
Operate as cartel means when independent businesses collectively agree to control production, market, and prices of a product to monopolize a market.
Industry's Price
The prevailing price level for goods or services within a specific industry, influenced by factors such as supply and demand.
Output
The total amount of goods or services produced by a firm or country within a specific time period.
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