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Why have reactionary rightist groups been relatively less prolific and less viable in comparison to radical leftist groups?
Differentiated Product
A product that is distinguished from similar products in the market by unique characteristics or features, often leading to brand loyalty.
Horizontal Demand Curve
Represents a situation in economics where the demand for a good is extremely sensitive to changes in price, indicative of perfect elasticity.
Oligopolist
A company operating within an oligopoly market structure, where a small number of firms have a large majority of market share and can influence prices and competition.
Non-price Competition
A strategy by businesses to attract customers through methods other than lowering prices, such as quality improvement, marketing, or product differentiation.
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