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When does the wet monsoon season begin in South Asia?
Competition
The rivalry among businesses to attract customers and achieve market dominance.
Quoting Prices
The action of providing a prospective customer with a price at which a seller agrees to sell goods or services.
Excess Capacity
The situation where a company's production facilities are capable of producing more than the demand for its products.
Variable Costs
Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor.
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