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The Relevant Market Structure Under Deregulation Is Described by a Theory

question 23

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The relevant market structure under deregulation is described by a theory which
Substitutes potential competition for the active participation of many sellers.What is this theory called?


Definitions:

Hyperpolarization

An increase in a cell's membrane potential, making it more negative and decreasing the likelihood of generating an action potential.

Semipermeable Membrane

A barrier that allows certain molecules or ions to pass through it by diffusion while blocking others, often used in osmosis.

Sodium-Potassium Pump

A type of active transport mechanism that moves sodium ions out of and potassium ions into cells, essential for maintaining cell potential and volume.

Resting Potential

The voltage difference across the neuron's plasma membrane when it is not transmitting a signal, providing the neuron with the potential energy needed for activation.

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