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Figure 1.2
Using the figure above, identify the labeled part.
-Label X: ______________________________
Raw Materials
Basic substances in their natural, modified, or semi-processed state, used as inputs for manufacturing finished goods.
Pure Monopoly
A market structure where a single supplier has exclusive control over the production and sale of a product with no close substitutes.
Pet Food
Specially formulated food intended for consumption by pets, which caters to their nutritional needs.