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Which of the Following Is True of the Biological Perspective

question 5

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Which of the following is true of the biological perspective on race?


Definitions:

Oligopolies

Market structures characterized by a small number of firms controlling a large portion of the market share, influencing prices and competition.

Duopolies

A market structure where two companies own all or nearly all of the market for a given type of product or service.

Cartel

An association of manufacturers or suppliers formed to maintain high prices and restrict competition.

Individual Profits

The income that an individual receives from their investment or entrepreneurial activity after deducting all costs.

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