Explain What Is Meant by Extinction Burst and Spontaneous Recovery

question 4

Essay

Explain what is meant by extinction burst and spontaneous recovery.

Analyze the use of target profit pricing in achieving specific financial objectives.

Understand various pricing strategies used by businesses.

Identify the impacts of competitive factors on pricing decisions.

Distinguish between cost-oriented, demand-oriented, and competition-oriented pricing approaches.

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Definitions:

Slope Failure

A phenomenon where a slope collapses due to gravity and other factors such as water saturation, leading to landslides.

Steepness

The measure of how sharp or incline a slope or angle is.

Debris Flows

Rapid, downhill flow of soil and rock fragments containing a large amount of water, which makes the mixture thick and fluid-like.

River Terrace

A flat, bench-like structure along the sides of a valley, formed by the erosion of a river and representing a previous level of the river bed.