Examlex
A "poison pill" is a generous retirement package for current management, implemented after a hostile takeover.
Monopolistically Competitive
Refers to a market structure where many firms sell products that are similar but not identical, allowing for some degree of product differentiation and market power for each firm.
Price Control
Government-imposed limits on the prices that can be charged for goods and services in the market to control inflation and stabilize the economy.
Monopolistically Competitive
A market structure where many firms sell products that are similar but not identical, allowing for competition based on quality, price, and branding.
Marginal Cost
The increase or decrease in the total cost incurred by producing one additional unit of a product or service.
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