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Geothermal energy is used extensively in Iceland and New Zealand due to the fact that both of these countries host multiple ________.
Product Line
A group of related products manufactured by a single company, often serving a particular customer segment or purpose.
Brand Extension
A strategy whereby a company uses an existing brand name to launch a product in a different category, leveraging the brand's established image and following.
Pure Competition
A market structure characterized by a large number of small firms, homogeneity of products, and easy entry and exit, leading to perfect competition.
Commodity Products
Products that are largely interchangeable with others of the same type because they have no significant differentiation.
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