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Simplify. Write your answers in the form of a+bi, where a and b are real numbers.
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Major Firm
A significant company in its industry, often characterized by large revenue, extensive operations, and considerable market influence.
Oligopoly
An oligopoly is a market structure dominated by a small number of large firms, leading to limited competition, where the actions of one firm significantly impact the others.
Interdependent Firms
Companies whose outcomes are mutually affected by each other's decisions, often observed in oligopolistic markets.
Oligopoly
An economic configuration where a limited number of companies hold considerable authority over pricing and competitive dynamics in the market.
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