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The legend on a chart is in a fixed position and cannot be moved.
Starbucks
An American multinational chain of coffeehouses and roastery reserves known for its signature coffee drinks, teas, and baked goods, with a global presence.
Quality
The standard of something as measured against other similar things; a degree or level of excellence.
Perfect Competition
A market structure characterized by a large number of small firms, homogeneous products, and free entry and exit, leading to price-taking behavior.
Standardized Product
Output of different producers regarded by consumers as the same good; also referred to as a commodity.
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