Examlex
Using deduction, researchers propose a model based on prior research, and design an experiment to test the theoretical model.
Strategic Behavior
The actions taken by companies or individuals in anticipation of their rivals' actions and reactions to maximize their own benefits.
Influences Market Price
Factors or conditions that affect the selling price of goods or services in a market, including supply, demand, competition, and external economic conditions.
Barriers
Obstacles or impediments that prevent or hinder progress, such as trade barriers which can restrict the flow of goods between countries.
Control Over Price
The ability of a company or market to influence or set the price of goods and services.
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