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According to the accelerator principle:
Monopolistic Competition
Monopolistic competition is a market structure characterized by many sellers offering differentiated products or services, leading to a competitive environment where companies have some price-making power.
Tracking Device
A tracking device is a technology designed to monitor and report the location or movement of an object, vehicle, or individual, using GPS or other means.
Oligopoly
A market structure characterized by a small number of firms controlling a significant portion of the market share, leading to limited competition.
Product Differentiation
Setting a product or service apart in the marketplace to increase its attractiveness to a specific target group.
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