Examlex
Which of the following best explains both prestige bias and similarity bias?
Dumping
The practice of selling a product in a foreign market at a price below its domestic market price or below the cost of production.
Tariffs
Taxes imposed on imported goods and services, aimed at making them more expensive to protect local industries from foreign competition.
Revenue
The total income generated by a company from its business activities, typically from the sales of goods or services before any expenses are deducted.
Break-even
The point at which total costs and total revenue are equal, meaning that a business neither makes a profit nor suffers a loss.
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