Examlex
What is two-way (dual) immersion?
Imitation
The act of copying or closely replicating the products, services, or processes of competitors or industry leaders.
Marginal Utility
The extra satisfaction or utility gained by consuming one more unit of a good or service.
Substitute Products
Products that can serve as replacements for each other when their prices change or consumer preferences differ.
Highly Profitable
Describes a business or venture that generates significantly higher than average profits.
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