Examlex
Add or subtract. Assume all variables represent positive real numbers.
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Competition
A market situation in which multiple sellers are trying to sell their product or service to the same buyers, leading to a struggle for market share.
Industry
A group of companies that operate in a specific sector of the economy, manufacturing or supplying goods and services in a particular domain.
Influence
The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.
Centrally Planned Economy
An economic system where the government or central authority makes all decisions about the production and distribution of goods and services.
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