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Sue,Barb,and Carlotta agree to put in $1,000 each to set up a shelter for lost animals.They each work two days a week.Donations fund the day-to-day operations.Do they have a partnership?
Geographic Segment
A market division strategy where a business segment is defined based on geographical boundaries.
Competitors
Entities engaged in a commercial contest with one another, often vying for the same market or customer base.
Sherman Act
An antitrust law enacted in 1890 to prevent anti-competitive practices, monopolies, and to promote economic fairness.
Monopoly Power
The ability of a single company or organization to control or dominate an industry or market, limiting competition.
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