Examlex
Find the language recognized by this nondeterministic finite-state automaton.
Oligopolistic
Describes a market structure in which a few firms dominate the industry, leading to limited competition.
Marginal Cost
The rise in overall expenses resulting from the manufacture of an extra unit of a product or service.
Collude
To collude means to cooperate or conspire in secret, especially with the intention to cheat or deceive others, such as companies agreeing to fix prices.
Total Revenue
The total amount of money generated by a company from sales of its products or services before any expenses are subtracted.
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