Examlex
Dirty data is erroneous or flawed data.
Industrial Concentration
A measure of the extent to which production in an industry is dominated by a few large firms.
Technological Advance
The introduction of new technologies or the improvement of existing technologies, enhancing productivity and possibly leading to economic growth.
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more appealing to a particular target market.
Oligopoly Model
An economic model describing a market structure where a few firms dominate, often leading to pricing and output decisions that consider competitors' actions.
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