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Which president was assassinated by a disappointed office seeker?
Monopoly
A market structure characterized by a single seller, selling a unique product in the market.
Marginal Revenue
The increase in revenue resulting from the sale of one additional unit of a product or service.
Sales Price
The amount of money a buyer pays to purchase a product or service.
Monopolist
A market participant that is the sole provider of a product or service, possessing significant market power to set prices.
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