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Eight-year-old Hank is extremely active and very distractible. He has particular difficulty in school, as he does not comply with the teacher's directions and has a hard time concentrating. When Hank reaches adolescence, he will probably:
Hypercompetition
An environment characterized by intense and rapid competitive moves, where advantages are quickly eroded.
Oligopoly
A market structure characterized by a small number of firms dominating the market, leading to limited competition.
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