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Several criminologists,such as Richard Quinney,William Chambliss,and Austin Turk,maintained that criminological theory has placed too much emphasis on explaining criminal behavior;rather,theory needs to shift this focus toward explaining criminal law.
Fixed Cost
Expenses that do not change in total regardless of the level of output or activity in a business, such as rent, salaries, and loan payments.
Dynamic Pricing
A pricing tactic that involves constantly updating prices to reflect changes in supply, demand, or market conditions.
Shrinkflation
The process of items shrinking in size or quantity while their prices remain the same or increase.
Volume Maximization
A pricing objective that involves setting prices low to encourage a greater volume of purchases; also called penetration pricing.
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