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Funerals have attracted criticism only recently, due to online product suppliers.
Opportunity Cost
The price paid for missing out on the alternative that ranks second best when deciding.
Excess Capacity
Refers to a situation where a company has more production ability than is necessary for the current level of demand.
Differentiation Value
The perceived value added to a product or service that makes it stand out from competitors.
Markup Percentage
The percentage added to the cost of a product to calculate the selling price, based on desired profit.
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Q49: In ancient Greece, it was considered exceptional