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Amazon.com changed its prices based on customers' geographic location to determine how price changes affect sales. This is an example of a:
Preventive Maintenance
Scheduled maintenance carried out to prevent machinery or equipment from failing, aimed at minimizing unexpected breakdowns and production stoppages.
Useful Life
The estimated duration during which an asset is expected to be usable for its intended purpose.
Differentiation Value
The perceived value that a company's products or services provide over and above its competitors, often derived from unique features or superior quality.
Inspection Time
The time allocated for examining and checking goods or services to ensure they meet quality standards.
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