Examlex
The idea that the suppression of free speech forces citizens to adopt more extreme means of enacting change and that promotion of free speech provides an essential mechanism for balancing the need for order with advocacy of reform is an example of __________________.
Differentiated Products
Goods or services that are distinguished from similar products by quality, features, branding, or customer service, allowing them to compete apart from price alone.
Entry Barriers
Obstacles that prevent new competitors from easily entering an industry or area of business.
Pure Competition
A market structure characterized by a large number of small firms, homogenous products, and free entry and exit, leading to price determination by supply and demand.
Pure Monopoly
A market structure in which one firm sells a unique product, into which entry is blocked, in which the single firm has considerable control over product price, and in which nonprice competition may or may not be found.
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