Examlex
India's system of population control is more effective than China's because India's system is based on preventative instead of corrective measures.
Demand Shift
A change in consumers' desire to purchase goods or services, influenced by factors like price changes, seasonal trends, or evolving preferences.
Static Pricing
A pricing strategy where the price of a product or service is fixed and does not change in response to market fluctuations or consumer demand variations.
Optimal Price
The price point that maximizes a company's profits or achieves other specified business objectives, taking into account costs, demand, and competitive pricing.
Customer Complaints
Customer expressions of discontent regarding a product or service.
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