Examlex
What is civil inattention an example of?
Value-based Pricing
Pricing strategy based on the perceived value of a product or service to the customer rather than the cost of the product or competition prices.
Operating Costs
Costs incurred from routine operations of a company, not including expenses tied to manufacturing.
Economic Value
A measure of the benefit provided by a good or service to an economic agent, often quantified in terms of willingness to pay or the amount of resources saved.
Preventive Maintenance
Routine maintenance and inspections carried out to prevent equipment failures before they occur, ensuring operational efficiency.
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