Examlex
Simplify the rational expression.
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Foreign Competition
The competitive pressure that domestic companies face from products and services offered by foreign entities in the same market.
Branch Plants
Secondary factories or operations set up by a company away from its main premises, often in different geographical locations.
Short Run
A period during which at least one factor of production is fixed, limiting the ability to adjust to changes in market demand.
Barriers to Entry
Barriers that impede or block new entrants from smoothly accessing a market or business sector.
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