Examlex
Why does Dershowitz discuss our acceptance of the practice of shooting fleeing felons?
Oligopoly
A distinct form of market where only a few companies have significant influence over industry prices and competition.
Herfindahl Index
A measure of market concentration used to determine the competitive landscape by summing the squares of the market shares of all firms in the industry.
Market Shares
The segment of a market dominated by a specific company or product, usually represented as a percentage.
Concentration Ratio
A measure of the total output produced in an industry by a given number of firms, usually the largest in the industry, indicating the level of market competition.
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