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Researchers typically achieve higher response rates from mail and telephone surveys than from personal interviews.
Price-Fixing Agreement
An arrangement between competitors to set prices at a certain level, rather than allowing them to be determined by natural market forces, often considered illegal.
Per Se Violation
An act that is considered illegal in itself, without needing to prove harm or malicious intent, usually in antitrust law.
Foreign Firm
A business entity that is incorporated or based in a country other than where it is conducting business.
Monopoly Power
The exclusive control by one company over an entire industry or sector, allowing it to manipulate market prices and conditions.
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