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Find the Determinant Of [011220183]\left[ \begin{array} { c c c } 0 & 1 & 1 \\2 & - 2 & 0 \\- 1 & - 8 & - 3\end{array} \right]

question 260

Multiple Choice

Find the determinant of [011220183]\left[ \begin{array} { c c c } 0 & 1 & 1 \\2 & - 2 & 0 \\- 1 & - 8 & - 3\end{array} \right] .


Definitions:

Oligopolistic

Pertaining to a market structure characterized by a small number of firms controlling a large portion of the market share.

Market Structure

The organizational and other characteristics of a market that influence the nature of competition and pricing, such as the number of firms, product uniformity, and ease of entry.

Dominant Firms

Companies that possess a major share of the market, exerting significant control or influence over prices, production, or innovation within the industry.

Sherman Act

A basic antitrust legislation in the United States that outlaws practices leading to monopolies and encourages competitive conduct.

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