Examlex
If a plant evolved during the Permian period and spread across the continent of Pangaea,where might the fossils of this animal be found now?
Restricts Output
A strategy or condition that limits the amount of goods and services produced, often to maintain prices or due to limited resources.
Competitive Industry
An industry where numerous sellers offer products or services that are similar, ensuring no single entity has significant market power to determine prices.
Covert Collusion
An implicit secret agreement between parties to fix prices, divide markets, or rig bids without explicit verbal agreement, making it hard to detect and prosecute.
Cartel
An association of independent businesses organized to control prices and production, restrict competition, and monopolize markets.
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