Examlex
A mutation may occur spontaneously or by exposure to a mutagen.
Price Effect
The impact on consumer demand and supply resulting from changes in the price of goods or services.
Profit-Maximizing Decision
A profit-maximizing decision is a strategic choice made by businesses to ensure the greatest financial return against costs, optimizing profitability.
Oligopoly Market
A market structure characterized by a small number of large firms dominating the industry, often leading to limited competition, and where the actions of one firm can significantly impact the others.
Oligopolies
Market structures characterized by a small number of firms that have significant control over market prices and competition.
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