Examlex
What is inductive discipline, and how does it motivate children's active commitment to moral standards?
Cartel
A coalition of suppliers or manufacturers aimed at preserving elevated price levels and reducing competitive pressures.
Marginal Cost
The upsurge in total expenditure associated with the fabrication of one further unit of a good or service.
Cartel
A formal agreement among competing firms to control prices, limit output, or divide markets to gain an advantageous market position.
Industry Output
The total production or service provision by companies within a specific industry.
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