Examlex
Use the stored data system to prevent the mistake that the intended number 53411 is typed in as number 54311 instead.
Credible Threat
A declaration or signal that one will take some negative action if conditions are not met, and it is believable and capable of being executed.
Oligopolistic Situation
A market condition where a few companies have the majority of market share and control over pricing.
Barriers to Entry
Factors that make it difficult for new firms to enter a market, often leading to reduced competition.
Dominant Strategies
Strategies in game theory that are preferable regardless of the opponent's actions, leading to a stable solution.
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