Examlex
What is the pH of a solution with [H+] = 10 mM?
Differentiated Products
Goods or services that are distinguished from similar products in the market by unique characteristics or features.
High Barriers
Obstacles that make it difficult to enter a particular market or industry, which can include things like high investment costs, stringent regulations, or established competition.
Few Firms
A market condition characterized by a small number of companies controlling the majority of market share, often leading to oligopoly dynamics.
Herfindahl-Hirschman Index
A measure of market concentration used to evaluate potential antitrust concerns, calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers.
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