Examlex
In the formula for GDP (GDP = C + I + G + (X - M) ) , what does M represent?
Courtesy Credit
A small amount of credit provided by a financial institution as a gesture of goodwill, often to rectify a minor bank error or accommodate customer inconvenience without formal claims.
Overpricing
Setting the price of a product or service higher than its perceived market value or cost justification, potentially leading to reduced sales or customer dissatisfaction.
Target-Return Pricing
A pricing strategy where the price is set to achieve a specified return on investment or cost.
Creativity in Pricing
The application of innovative and strategic approaches to setting prices with the aim of optimizing profitability and market share.
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