Examlex
Is there such a thing as an altruistic personality? Why or why not?
Zero Marginal Cost
The cost incurred by producing one additional unit of a product or service when this cost is effectively zero, often due to technological advances.
Duopolists
Firms or entities that are two in number in a market, dominating the market and setting prices either collaboratively or competitively.
Monopolist
An entity that is the sole provider of a particular product or service, controlling the entire market.
Monopoly Price
The price a company with a monopoly can charge, which is higher than in competitive markets due to the lack of competition.
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