Examlex
List three things that should be taught to a home owner about their electrical system.
Concentrated Industries
Industries where a small number of firms dominate the market share, potentially leading to reduced competition and higher prices for consumers.
Innovative Firms
Companies that pioneer new ideas, technologies, or methods, leading to novel products or services and contributing to economic growth and competitiveness.
R&D Spending
Expenditures dedicated to research and development activities with the aim of creating new technologies, products, or processes.
Market Structure
The organizational and other characteristics of a market that influence the behavior of participants and the nature of competition.
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