Examlex
A successful audience analysis can help you adjust your speech "on the fly."
Dominates
A condition or situation where one option is better than another in all aspects or circumstances.
Pure Monopoly
An economic situation where only one supplier dominates the entire market offering for a specific commodity or service, with no nearly identical alternatives available.
Price Maker
A firm with the power to influence the price at which it sells its product, typically because it does not face significant competition.
Purely Monopolistic
A market structure where a single supplier has exclusive control over the production and sale of a unique product without close substitutes, leading to significant market power.
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