Examlex
If a plant biologist succeeds in generating a single plant with a particularly desirable flower, which of the following approaches would be the most efficient way to generate more plants with this trait?
Price-Fixing
An illegal agreement among competitors to set prices at a certain level, restricting competition and violating antitrust laws.
Penetration Pricing
A strategy where a product is priced lower than its competitors or market average to gain market share rapidly at the expense of short-term profitability.
Sales Volume
The total number of units sold within a specified timeframe.
Unit Profits
The profit earned on each unit of product sold, calculated by subtracting the cost to produce and distribute a unit from its sale price.
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