Examlex
What is the celestial sphere?
Cross-License
An agreement between two or more parties to grant mutual rights to their respective intellectual property.
Duopoly
Market in which two firms compete with each other.
Cournot Duopolists
Two firms in a market where each firm decides on its output level assuming the output of the other firm is fixed, leading to a stable competition equilibrium.
Equilibrium Prices
The market price at which the supply of an item equals the demand for that item, leading to a stable market condition where there is no surplus or shortage.
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