Examlex
Relevant costs for pricing decisions include manufacturing costs, but NOT costs from other value-chain functions.
Demand
The total quantity of a good or service that consumers are willing and able to purchase at a given price level in a given market.
Health Care
The preservation or enhancement of well-being through the avoidance, identification, management, recuperation, or healing of diseases, ailments, injuries, and other physical and mental conditions in individuals.
Price Elasticity
A measure of the sensitivity of the quantity demanded or supplied of a good to a change in its price.
Health Care
The maintenance or improvement of health via the prevention, diagnosis, treatment, recovery, or cure of disease, illness, injury, and other physical and mental impairments in people.
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