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Double-Markup Problem
Refers to the inflation of prices that occurs when each intermediary in a supply chain adds its own markup.
Incentives
Rewards or motivations offered to encourage specific behaviors or actions by individuals or organizations.
Price Discrimination
The strategy of selling the same product at different prices to different groups of consumers, based on willingness to pay.
Discount Retailers
Stores that offer products at lower prices by accepting lower margins in return for a high sales volume.
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