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The Geneva Convention's primary responsibility is the maintenance of international peace and security.
Pure Monopoly
A market structure where a single seller has exclusive control over a product or service, with no close substitutes available.
Unique Product
A good or service that is distinct in its features, benefits, or value propositions from others in the market.
Monopolistic Competition
A market structure characterized by several competitors offering differentiated products or services, allowing for some degree of pricing power.
Nonprice Factors
Aspects of a product or service that affect consumer choice other than price, such as quality, brand reputation, or convenience.
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