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Explain the consequences of America's high rates of incarceration.
Single-Firm Production
The manufacturing or creation of products by one company, without relying on external firms for major components or processes.
Local Phone Market
The segment of the telecommunications industry that deals with providing telephone services within a specific geographic area.
Complete Monopolies
Situations where a single firm or entity has exclusive control over the supply of a particular good or service, with no close substitutes available.
Rival Companies
Firms operating in the same industry that compete against each other for market share.
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