Examlex
Find the GCF (greatest common factor) of 36 and 54.
Natural Monopolies
A market structure where a single firm can produce the entire market output at a lower cost than could multiple firms, often due to high fixed costs.
Laissez-Faire Antitrust
An approach to antitrust policy that advocates for minimal government intervention in the market and a greater reliance on market forces.
Dominance of Markets
A situation where one or few entities exert a disproportionate control over the sales, distribution, or characteristics of goods and services in a market.
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