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The nursing instructor explains the difference between normal cells and benign tumor cells.What information does the instructor provide about these cells?
Dominant Firm Model
A market structure in which one firm has a major share of total sales and sets the price for the whole market, influencing the behavior of smaller competitors.
Fringe Firms
Fringe firms are smaller companies in a market that compete alongside the larger, dominant firms, typically having a minimal market share.
Competitive Firms
Companies that operate in a market where no single producer or consumer has the market power to influence prices significantly.
Oligopolistic Market Outcomes
In an oligopolistic market structure, outcomes often include limited competition, price stability or price wars, and potential for collusion among the few dominant firms.
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