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An affirmative action plan provides that certain job preferences will be given to members of minority racial and ethnic groups, females, and other protected-class applicants when making employment decisions.
Differentiate Products
Strategies employed by businesses to make their products stand out from those of competitors, such as through quality, design, or features.
Oligopolies
Market structures characterized by a small number of firms dominating the market, leading to reduced competition.
Dominant Strategy
A strategy in game theory that is the best for a player, regardless of what strategies the other players choose.
Firm A
A placeholder name often used in economics and business scenarios to denote a specific, but unnamed, company.
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