Examlex
Identify and explain the significance of the following names or terms.
-anticolonial movements
Concentration Ratio
A measure used in economics to assess the level of competition in an industry by calculating the market share of the largest firms.
Internet Search Industry
A sector of the economy that involves companies which provide technologies and services for searching information on the Internet.
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more attractive to a targeted audience.
Elasticity
A determination of how the need or provision of a product varies in reaction to changes in its price.
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