Examlex
Between 1996 and 1997, this offender lived in Yosemite National Park where he worked as a handyman at several hotels.Those who knew him described him as likeable loner who never dated and was not inclined to close friendships.
Interindustry Competition
Competition that occurs between firms in different industries, as opposed to intra-industry competition within the same industry.
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases.
Herfindahl Index
A measure of market concentration, calculated as the sum of the squares of the market shares of all firms within the industry.
Market Power
The ability of a firm or group of firms to manipulate the price or quantity of goods and services in the market, typically by restricting supply to influence prices to their advantage.
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