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Discuss contestable markets. What happens to profits in the short run and the long run?
Addiction
A chronic condition characterized by compulsive engagement in rewarding stimuli despite adverse consequences.
Substance
A form of matter with a constant chemical composition and characteristic properties.
Troubles
Difficulties or problems causing distress or worry in an individual's personal life.
Compulsion
A strong, usually irresistible urge to perform an act, especially one that is irrational or contrary to one's will.
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