Examlex
Complete the sentence so the result is an identity. Let x be any real number.
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Fair Pricing
The degree to which both businesses and customers believe that the pricing is reasonable.
Reasonable
Based on good sense and sound judgment; fair and sensible.
Skimming
A high pricing strategy, generally used for new products or services that face very little or even no competition.
No Competition
A market condition or business scenario where a company faces little to no competition in its industry or for its products.
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