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Public Policy
Principles and actions adopted or proposed by a government to address societal issues and achieve beneficial outcomes.
Minimum Price
The lowest price at which a product or service can be sold, often regulated by law or agreement.
Loss Leader
A pricing strategy where a product is sold at a loss to attract customers, hoping they will make additional purchases at profitable prices.
Notice in Writing
A formal communication or document that is recorded in written form, often required for legal or official purposes.
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