Examlex
Urban decentralization has led to
Price Discrimination
A pricing strategy where identical or similar products or services are sold at different prices to different customers.
Price Fixing
An illegal agreement between parties to set prices at a certain level, preventing fair competition and manipulating the market.
Predatory Pricing
A pricing strategy where a business sets very low prices with the intent to drive competitors out of the market or to prevent new entrants from gaining a foothold.
Retail Value
The total price at which a product or service is sold to consumers in the retail market, typically including the costs of production, distribution, and a markup for profit.
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