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In one week Alice can produce 5 pairs of shoes or 4 bookshelves while Roger can produce 10 pairs of shoes or 6 bookshelves. Alice should specialize in the production of
Consumer-to-Consumer
A type of commerce where private individuals trade goods, services, or information directly with each other, often facilitated by a third-party platform.
Higher-End Product
Goods that are considered of superior quality and higher price, often associated with luxury or premium branding.
Sales Process
A series of steps taken by a company to move a product or service from the initial contact with a potential customer to the final transaction.
Cross-Selling
The practice of suggesting related products or services to a customer who is considering or making a purchase, with the aim of increasing sales.
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