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Consider the following characteristics of a particular industry: - the firms in the industry are maximizing their joint profits
- entry of new firms is restricted
This industry is likely to be
Green Algae
A diverse group of photosynthetic organisms found in various aquatic environments.
Bryophyte
A group of plant species that includes mosses, liverworts, and hornworts, characterized by their non-vascular nature and life cycle.
Chloroplast
An organelle found in plant and algal cells that conducts photosynthesis, converting light energy into chemical energy.
Anthocerophyta
A division of non-vascular plants known as hornworts, characterized by a unique sporophyte structure.
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