Examlex
What are three strategies for engaging in civil listening? Provide an example of each.
Near-Monopoly
A market structure where one company dominates the market to such an extent that it nearly eliminates all competition.
Dominates
A condition or situation where one option is better than another in all aspects or circumstances.
Pure Monopoly
An economic situation where only one supplier dominates the entire market offering for a specific commodity or service, with no nearly identical alternatives available.
Price Maker
A firm with the power to influence the price at which it sells its product, typically because it does not face significant competition.
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