Examlex
In monopolistic competition,a firm can set the price for its product because of
Government Workers
Employees who are employed in the public sector, working for government entities at various levels.
Businesses
Entities engaged in commercial, industrial, or professional activities, aiming to generate profits from the goods or services they offer.
Craft Union
Labor union whose members all have a particular skill or occupation.
Bargaining Power
The capacity of one party in a negotiation to influence the terms of an agreement or the balance of power between negotiating parties.
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