Examlex
Capitalism now dominates virtually the entire globe.
Refrigerator
An electrical appliance used for keeping food and drinks cold, playing a crucial role in modern food preservation and safety.
Double Marginalization
A situation in a supply chain where both the manufacturer and retailer mark up prices above their marginal costs, leading to inefficiencies.
Retail Price
The total cost at which a product or service is sold to the end consumer.
Manufacturer Markup
The difference between the cost of manufacturing a product and its selling price, set by manufacturers to cover expenses and profit.
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