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Ionizing radiation is being given increasing attention as a method for preserving horticultural products. A study reports that 153 of 180 irradiated garlic bulbs were marketable (no external sprouting, rotting, or softening) 240 days after treatment, whereas only 117 of 180 untreated bulbs were marketable after this length of time. Does this data suggest that ionizing radiation is beneficial as far as marketability is concerned?
Features of Capitalism
include private property ownership, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets, driving economic growth and innovation.
Corporate Entities
Organizations or companies recognized by law as a single entity, separate from its owners, with its own rights, responsibilities, and liabilities.
Oligopolies
Giant corporations that control part of an economy. They are few and tend not to compete against one another. Instead, they can set prices at levels that are most profitable for them.
Dominate an Industry
To be the most influential or powerful entity within a particular market or sector, often through superior products, market share, or innovative strategies.
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