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Describe at least two different ways that you take notes in your classes. For each method, explain the steps you follow and why you follow them, and describe how using the method helps you retain the information discussed in class.
Cartel
An association of independent companies or organizations that agree to limit competition between themselves, often to control prices and production.
Oligopoly
A market structure characterized by a small number of firms dominating the market, leading to limited competition and potentially higher prices for consumers.
Cartels
An association of independent firms or individuals that works together to control prices, limit supply, or restrict competition in a particular market, often illegally.
Cartels
Groups of independent market participants who collude to control prices and output in a particular market, typically to restrict competition.
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