Examlex
The overall mortality rate in the United States has remained fairly constant for the past 30 years.
Smart Phone Industry
The sector of the economy that is involved in the development, production, and sale of smartphones.
Homogeneous
Describes a substance or mixture that has uniform composition and properties throughout.
Differentiated Products
Goods or services that are distinguished from one another by quality, design, features, or branding, allowing firms to compete on factors other than price.
Monopolist
A monopolist is a market participant that has exclusive control over the market for a particular good or service, without any competition.
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