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Match the following:
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Antitrust Laws
Legislation enacted to prevent monopolies and encourage competition in the market, ensuring fair practices and protecting consumers.
Economies Of Scale
Cost advantages obtained due to the increased level of production, which causes the cost per unit of output to decrease.
Game Theory
A theoretical framework for conceiving social situations among competing players and predicting their optimal decisions.
Strategic Situations
Scenarios where the outcomes depend on the actions of two or more decision-makers, each considering the others' likely responses.
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