Examlex
The spread of a cultural element from one society to another is called:
Monopolists
Firms or individuals that are the sole providers of a particular good or service, giving them significant market power.
Price Takers
Participants in a market who accept the prevailing market price because they do not have enough power to influence it.
Market
A place or platform where buyers and sellers come together to trade goods, services, or financial instruments.
Monopoly
A market structure characterized by a single seller, selling a unique product in the market with restrictions on the entry of new firms.
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