Examlex
Because intermediate sanctions rely on discretion there is more of an opportunity for __________.
Cost Of Overpricing
The negative financial impact experienced by setting the price of a product or service too high, leading to reduced sales volume.
Cost Of Underpricing
The financial loss incurred when a product or service is sold for less than its market value or production cost.
Superior Craftsmanship
The exceptional skill and quality applied in the creation or production of goods, often resulting in products of high durability and aesthetic value.
Less Elastic
Describes a demand or supply that shows a relatively smaller response to changes in price compared to others, usually implying a steeper demand/supply curve.
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