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Economies of Scale
The financial benefits companies experience from expanding their operation's size, where there's a general trend of decreasing unit costs with the growth in scale.
French Government
The political system of France, characterized by semi-presidential system with a division of powers between the president, the parliament, and the government.
Salt Monopoly
A situation where a single entity controls the supply and pricing of salt, historically seen as a strategic control over a vital commodity.
Economic Profits
Profits earned by a firm or individual in excess of the opportunity costs of all resources used to generate those profits, representing returns beyond the normal profit level.
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