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Which destructive organism was introduced into the Great Lakes and has now spread to most of the major river systems in the central and eastern U.S.?
Monopoly Power
The ability of a single seller to control market prices and exclude competitors within a particular market.
Imperfect Competition
A market structure that does not meet all conditions of perfect competition and where individual sellers can influence the price of the market to some degree.
Perfect Competition
A market structure characterized by a complete absence of rivalry among the individual firms, with an infinite number of sellers and buyers, homogeneous products, and no barriers to entry or exit.
Monopoly
A market structure characterized by a single seller or producer supplying a unique product or service, resulting in the absence of competition.
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