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State laws must comply with the U.S.Constitution.
Differentiate Products
To differentiate products means to make them distinct from competitors' offerings through unique features, quality, or branding, to attract specific customer segments.
Pure Competitors
Firms within a market where numerous sellers offer highly similar products, ensuring no single company has control over the market price.
R&D
Research and Development, which refers to the activities companies undertake to innovate and introduce new products or services.
Innovation
The process of translating an idea or invention into a good or service that creates value and for which customers will pay.
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