Examlex
Net primary productivity (NPP) is quite low in the open sea except in upwelling areas where currents bring up nutrients from the ocean bottom.
Price Skimming
A pricing strategy where a firm charges the highest initial price that customers will pay and lowers it over time as demand at the higher price is satisfied.
Maximizing Profits
The process or strategy of adjusting the operations, pricing, and production of a business to generate the highest possible profit margins.
Development Costs
Costs incurred in the design and development phase of a project, often relating to the creation of new products or services.
Variable Costs
Expenses that change in proportion to the level of production or business activity.
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