Examlex
Briefly describe the guidelines for web presentations.
Behavioral Economics
A field of economic research that examines psychological, cognitive, emotional, cultural, and social factors on economic decisions.
Loss Aversion
A principle in behavioral economics stating that individuals tend to prefer avoiding losses to acquiring equivalent gains.
Price Increase
A rise in the cost of goods or services over time, often measured as a percentage.
Quality Reduction
A decrease in the standard or grade of products or services, often as a cost-saving measure by producers.
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