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A patient has a heart attack and wakes up in the hospital. He gets a visit from his doctor, who says he had to shock the patient's heart because part of it had gone into fibrillation. The doctor jokes that it could have been worse if the other part of the heart had been in fibrillation and that the patient was really lucky. Which chambers of the heart in the patient were in fibrillation, the atria or the ventricles?
Equal Percentage
A rate or proportion where the same fraction or share applies uniformly across different scenarios or entities.
Pure Monopoly
A market structure characterized by a single seller selling a unique product in the market, resulting in significant control over pricing and market supply.
Monopolistic Competition
A market structure where many companies sell products that are similar but not identical, allowing them some power to set prices.
Oligopoly
A distinct form of market where only a few companies have significant influence over industry prices and competition.
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