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Individuals may use reasonable force to protect individuals, themselves, and their property. Under the majority rule, reasonable force means:
Single-Firm
Refers to a market situation dominated by a single producer or service provider.
Network Externalities
Effects on a user of a product or service that depend on the number of other users of the same or compatible products or services.
Smartphone Market
The sector of the economy that deals with the production, sale, and distribution of smartphones and related services.
Societal Loss
The total loss in welfare or efficiency that a society faces, often due to inefficiencies or externalities in markets.
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