Examlex
John has reached formal operations. John's unique new talent is that he now can:
Price Cuts
Reductions in the selling price of goods or services, often used as a strategy to increase demand or compete more effectively.
Advertising
The action of calling attention to products, services, or ideas through paid announcements by an identified sponsor.
Oligopoly
An industrial configuration in which a small group of companies exercises significant authority over market pricing and competition.
Economies of Scale
The reduction in per-unit cost as the scale of production increases, leading to greater efficiency and lower costs for large-scale producers.
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