Examlex
Which of the following organizations was founded by technicians for technicians in 1999?
Oligopoly
A market structure characterized by a small number of firms controlling a large majority of the market share, influencing prices and competition.
Monopolistic Competition
A market structure where many firms sell products that are similar but not identical.
Pure Monopoly
A market structure where a single firm is the sole provider of a product or service, facing no competition.
Demand Factors
Elements that influence the level of demand for a product or service, such as price, consumer preferences, income levels, and market trends.
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