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Demonstrating Again That Ever-Higher Military Technology Was Crucial to the Conduct

question 68

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Demonstrating again that ever-higher military technology was crucial to the conduct and outcome of World War II, the greatest tank battle of all time was fought in this conflict at


Definitions:

Rule of Reason

A legal doctrine used in antitrust law that evaluates the restrictive practices of a business by considering the purpose of the practice and its effect on competition.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed in 1890 to outlaw monopolistic business practices.

Demand Elasticity

An indicator that reflects the degree of change in demand for a good due to price adjustments.

Optimal Strategy

The best course of action to achieve the highest payoff or benefit, given a particular set of conditions.

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