Examlex
How does high productivity give a company a competitive edge?
Surplus
An excess of production or supply over demand, often resulting in a decrease in prices.
Metering Strategy
A pricing strategy used by firms to charge consumers for the actual use of a service or product.
Profit Margins
The ratio or percentage of profit generated from sales after deducting costs, indicating the financial health and efficiency of a business.
Robinson-Patman Act
A United States federal law that aims to prevent anticompetitive practices by producers, specifically price discrimination.
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