Examlex
Woodrow Wilson mounted an aggressive antitrust campaign after assuming the presidency.
Foreign Competition
refers to the competitive pressure that domestic companies face from companies located in other countries.
Elastic Demand
A situation where the quantity demanded of a product changes significantly in response to changes in its price.
Competitive Levels
The degrees of competition within a market, characterized by the number of firms, product differentiation, and market entry or exit barriers.
Nonunion Firms
Companies where the workforce is not represented by a labor union, which may affect wage levels, benefits, and working conditions.
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