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Sometimes a Corporation Has Virtually No Competitors; This Is Termed

question 82

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Sometimes a corporation has virtually no competitors; this is termed a(n) _______________ A(n) _______________exists when just a few companies have virtual control of an entire industry.


Definitions:

Mental Development

The psychological progression of cognitive, emotional, and social abilities and skills over the course of an individual's life.

Temperament

The innate or genetically based aspect of an individual's personality, such as introversion or extroversion, that becomes evident in early childhood.

Thomas And Chess

Refers to the theory of temperament developed by psychologists Alexander Thomas and Stella Chess, which identifies nine temperament traits in infants.

Slow-To-Warm-Up

A temperament in which an individual is typically hesitant or cautious in new situations but gradually becomes more engaged over time.

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