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Compared with other countries, Canada has a relatively low level of entrepreneurship activity.
Antitrust Laws
Regulations designed to promote competition and prevent monopolies by restricting certain business practices deemed unfair or anti-competitive.
Less Competitive
Characterized by a lower ability or lack of ability to rival others in the same market.
Perfect Price Discrimination
A pricing strategy where a seller charges the maximum possible price for each unit consumed that a buyer is willing to pay, capturing the entire consumer surplus.
Marginal Revenue
is the additional revenue that a company gains from selling one more unit of a good or service.
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