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A difference between the positivist perspective and the postpositivist perspective is that the postpositivist perspective posits that:
Output
The quantity of goods or services produced in a given period by a firm, industry, or country.
Monopolies
Market situations where a single supplier dominates the supply of a particular good or service, limiting competition and potentially leading to higher prices and reduced innovation.
Entire Industry Supply
The total quantity of a specific good or service that is available to consumers from all producers in a particular industry.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping to the right.
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