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