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Which types of interest groups are defined as economic interest groups?
Market Price
The current price at which an asset or service can be bought or sold in a market.
Cost Conditions
The specific factors affecting the cost of production or service delivery, including material costs, labor expenses, and overheads.
Output
The total amount of goods or services produced by a company, industry, or economy.
Increasing Cost Industry
An industry in which production costs rise as output increases, often due to factors like limited resources or higher prices for inputs.
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