Examlex
An indicator of the planning pitfall of "failure to anticipate roadblocks" is
Stackelberg Leader
The Stackelberg leader refers to the dominant firm in a duopoly that makes its production decision first, thereby influencing the market actions of the following competitor.
Marginal Cost
The extra charge incurred upon the production of an additional good or service unit.
Industry Output
The total production of goods and services by all firms within a specific industry sector over a given period of time.
Duopolists
Firms or players in a market where only two producers exist, competing directly with each other.
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