Examlex
Choosing a mutual fund or an investment company involves reviewing past performance and comparing fees and expenses charged.
Cost-Plus Pricing
A pricing strategy where the selling price is determined by adding a specific markup to a product's cost.
Multiproduct Pricing
Pricing strategies adopted by companies that sell multiple products and seek to maximize overall profits by considering cross-product price elasticity and cost structures.
Price Leadership
A situation where one dominant firm in an industry sets the price of goods or services, and other firms follow suit.
OPEC
The Organization of the Petroleum Exporting Countries, an international cartel that aims to manage the supply of oil in an effort to set the price of oil on the world market.
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