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Which of the following is not correct?
Mixed Market Economy
features both private and public enterprise, blending elements of capitalist and socialist economic systems.
Private Enterprise System
Economic system that rewards firms for their ability to identify and serve the needs and demands of customers.
Different Kinds
Refers to a variety of types, categories, or classifications within a certain context or domain.
Market Structure
The organizational and other characteristics of a market that influence the nature of competition and pricing within it.
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