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What was one way the Communist coup in the Soviet Union in 1991 was significant?
Marginal Revenue Curve
A graphical representation showing how marginal revenue varies with changes in quantity sold.
Kinked
Often relating to the kinked-demand curve seen in oligopolistic markets, where firms face a price elasticity that abruptly changes as prices increase or decrease.
Oligopolist
A seller in an oligopoly market, a market structure characterized by a small number of firms dominating the market.
Payoff Matrix
A table showing the potential outcomes or payoffs from different decisions or strategies in game theory.
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