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Simplify and write with positive exponents only.
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Oligopoly
A market structure dominated by a small number of large firms, leading to limited competition and potentially higher prices and profits.
Decision Making
The cognitive process leading to the selection of a course of action among multiple alternatives, fundamental in business and personal contexts.
Interdependent
A relationship between entities or individuals where each is mutually reliant on the other, making their outcomes closely connected.
Oligopoly
A market structure dominated by a small number of large firms, leading to limited competition and potentially collaborative behavior.
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