Examlex
Occam's Razor: A hallmark of science is the rejection of supernatural causes to explain natural phenomena. Try to justify this position as another way of including Occam's Razor into the process of science.
Independent Buyers
Individuals or entities that purchase goods and services for their consumption or use, not influenced by the manufacturer's or seller's affiliations.
Price Matching
A policy where a retailer agrees to match a lower advertised price from a competitor on identical items.
Discount Pricing
A pricing strategy where products or services are offered to customers at lower than usual prices, often to stimulate demand or clear out inventory.
Price Fixing
An illegal agreement among competitors to set prices at a certain level, aimed at manipulating the market and stifling competition.
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