Examlex
Discuss U.S.stratification in the future.
Dominant Firm
A company that has a large portion of market share in its industry, giving it significant power to influence market conditions and prices.
Economic Incentives
Monetary or other rewards used to motivate individuals or entities to perform certain actions beneficial to economic objectives.
Differentiate
The method of differentiating a product or service to enhance its appeal to a specific target audience.
Market Competition
The rivalry among businesses to attract customers and achieve higher sales, profits, and market share.
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