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John is unable to carry on the most rudimentary conversations. Whenever someone changes the subject he persists on the same topic for several minutes. Eventually, people simply leave him alone, talking to himself. John has
Natural Monopolist
A type of monopoly that occurs when a single firm can supply a product or service to an entire market at a lower cost than two or more firms could.
Market Demand Curve
A graphical representation that shows the relationship between the price of a good and the total quantity demanded by all consumers in the market.
Barrier To Entry
Factors that make it difficult for new firms to enter a market, such as high initial costs or stringent regulations.
Video Game Console
A video game console is a specialized computer system designed for interactive video gaming, often connected to a television or other display.
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