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Map Exercise 22-3On the outline map that follows, and using the map "Japanese Expansion Before Pearl Harbor" in the text as a reference:
Refer to Map Exercise 22-3 Label each of the following:
Bonin Islands
British Malaya
Burma
Caroline Islands
China
Formosa (Taiwan)
French Indochina
Gilbert Islands
Guam
Japan
Kamchatka Peninsula
Korea
Kurile Islands
Manchuria
Marcus Island
Mariana Islands
Mongolia
Pescadores
Philippine Islands
Sakhalin
Thailand
Union of Soviet Socialist Republics
Volcano Islands
Competitive Equilibrium
A market state where supply equals demand, and no economic forces are compelling either price or quantity to change.
Oligopolistic
Referring to a market structure characterized by a small number of firms that have significant control over prices and market share.
Market
Collection of buyers and sellers that, through their actual or potential interactions, determine the price of a product or set of products.
Lerner Index
An economic measure of a firm's market power, calculated as the difference between price and marginal cost relative to price.
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