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In Price Lining,the Escalation of Product Prices Up the Product

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In price lining,the escalation of product prices up the product line no longer have to consider factors such as real cost differences among the various features offered,customer assessments of the value added by the increasing level of benefits,and prices competitors are charging for similar products.


Definitions:

Hemophilia

A rare genetic disorder in which the blood's ability to clot is severely reduced, causing the patient to bleed severely from even a slight injury.

Punnett Square

A graphical representation used to predict the outcomes of a genetic cross by arranging the possible combinations of alleles from each parent.

Heterozygous

Describing an organism that has two different alleles for a given gene, one inherited from each parent, resulting in genetic variation.

Genetic Discrimination

The prejudicial treatment of individuals based on their genetic characteristics, potentially affecting employment, insurance, and other areas of life.

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