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If You Were Using Both a Compass and a Map

question 10

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If you were using both a compass and a map marked with latitude and longitude to navigate,you might note the angle difference between your compass and what is marked on the map,called


Definitions:

Joint Profits

Profits that are shared among two or more businesses, typically resulting from a partnership or joint venture.

Duopolists

Two firms that dominate a market or industry, competing directly with each other.

Collude

To secretly agree with others, typically competitors, to cooperate for an illegal or deceitful purpose, such as fixing prices.

Cheating

Dishonest behavior or attempting to gain an unfair advantage in a competitive situation.

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