Examlex
Jack is incarcerated in the Southwest State Prison.He has been there for the past 12 years and has over 30 years left on his sentence.While incarcerated,his communication with his family has been restricted;most notably,any letters that he has attempted to send that criticize the conditions of the prison have been censored.Further,he has not been allowed to practice his religion because it is not a commonly practiced religion in the United States.Because Jack has been incarcerated for so long,it is likely that he will face great difficulty in integrating back into society.The difficulty of inmates in reintegrating is referred to as:
Price Skimming
Setting the price of a new product higher than expected to recover development costs.
Penetration Pricing
Setting the price of a new product lower than expected to gain fast market share.
Development Costs
Development costs are expenses associated with the creation and design of new products or services, including research and development.
Breakeven Point
The level of production or sales at which total costs equal total revenue, meaning no net loss or gain is incurred.
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