Examlex
Which of the following is NOT one of the three components of the ecological perspective?
Oligopoly
A market structure characterized by a small number of large firms dominating the industry, leading to limited competition.
Socially Efficient Quantity
The level of production of a good or service that results in the most beneficial mix of output for society, taking into account all costs and benefits.
Sellers
Individuals or entities that offer goods or services for sale to potential buyers in exchange for money or other assets.
Oligopoly
A market structure characterized by a small number of firms that dominate the market, leading to limited competition.
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