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Explain why the cost of limiting greenhouse gases is high.
Collusively
In a manner involving collaboration, often secretive, between parties to achieve a deceitful or illegal purpose, particularly in restricting competition.
Oligopolistic Firms
Companies operating in a market structure characterized by a small number of firms controlling a large market share, often leading to limited competition.
Pure Monopoly
A market structure where a single seller controls the entire market for a particular product or service, with no close substitutes available.
Pure Competition
A market situation characterized by an infinite number of buyers and sellers, homogeneous products, and no barriers to entry or exit.
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