Examlex
Residents of Hong Kong are able to find restaurants that advertise a dish that contains grizzly bear paws. Since it is unlikely that grizzly bear paws are purchased from a private producer of animal paws, we can likely conclude that
Winner-Takes-All Market
A market in which the dominant player captures almost all of the market share and benefits, leaving very little for other competitors.
Marginal Revenue Product
Incremental income earned by utilizing one more unit of a resource, like labor or capital.
Media Hype
The excessive promotion or sensationalism of news stories, products, or events in the media.
Income Distribution
The way in which a nation's total GDP is distributed amongst its population or the distribution of income among individuals or households of a country.
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