Examlex
It was discovered in the recovery room that a physician removed the left lung of a lung cancer patient scheduled to have the right lung removed. This is an example of ____.
Customary Pricing
Setting prices based on what is traditionally expected or accepted within the market or among competitors.
Cost-plus Pricing
An approach to pricing in which a sale price is established by adding a specific extra amount to the product's per-unit cost.
Target Profit Pricing
Setting a product price based on a predetermined profit objective, rather than market or competitive conditions.
Return-on-investment (ROI)
A financial metric utilized to evaluate the efficiency of an investment or compare the efficiency of several different investments.
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