Examlex
Indicate whether the expression is a polynomial. If the polynomial has a specific name - monomial, binomial, or
trinomial - give that name.
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Equilibrium
A state in which market supply and demand balance each other, and, as a result, prices become stable.
Raise Price
An action by sellers to increase the cost of goods or services, often in response to higher demand or increased production costs.
Cournot Model
The Cournot Model is an economic theory that describes an industry structure where companies compete on the quantity of output they will produce, affecting the market price.
Rivals' Reactions
In business strategy and economics, the anticipated responses or actions of competing entities in reaction to a company's decisions or changes in the marketplace.
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