Two Reasons Are Given to Explain Why Some Companies Price

question 117

Essay

Two reasons are given to explain why some companies price their products too low thereby reducing company profits.What are they?

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Definitions:

Retina

The light-sensitive layer of tissue at the back of the inner eye that converts light into electrical signals for the brain.

Outer Protective Layer

Refers to the outermost layer of a structure or organ that serves as a barrier against external threats, such as the epidermis of the skin.

Eyeball

Informal term for using visual estimation instead of precise measurement.

Glands of Zeis

Small sebaceous glands located at the rim of the eyelids, involved in lubricating the eyelashes to prevent drying out.