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On December 10, ……………

question 18

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On December 10, ……………., the Universal Declaration of Human Rights (UDHR) was adopted by the 56 members of the United Nations.


Definitions:

Perfectly Competitive

a market structure characterized by a large number of small firms, a homogeneous product, perfect information, and no barriers to entry or exit.

Patents

Legal documents granting an inventor exclusive rights to produce, use, and sell their invention for a specific period of time.

New Drugs

Refers to medications or therapies that have recently been developed and introduced to the market, typically after undergoing rigorous testing and approval processes.

Manufacture

The process of making goods on a large scale using labor and machines, typically within a factory setting.

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