Examlex
When a case involves the prosecution of high government officials,a __________________________ is appointed in order to avoid conflicts of interest.
Creative Destruction
Creative destruction refers to the process through which new innovations lead to the demise of older technologies or business models, fostering growth and economic progress.
New Firms
Recently established companies or businesses entering a market.
Dominant Firms
Companies that hold a major portion of the market share in their industry, influencing market conditions and prices.
Average Total Cost
The total cost of production divided by the quantity produced, it measures the average cost per unit of a product.
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