Examlex
The need for affiliation is characterized by a strong orientation toward success and goal attainment.
Substitutes Exist
A situation in which multiple products or services can fulfill the same need or desire, allowing consumers to switch among them based on price, quality, or preference.
Raise Price
An action taken by producers or sellers to increase the cost at which goods or services are sold, often in response to market conditions.
Single Firm
Refers to an individual business entity that operates in a market, typically producing goods or services.
Monopoly
A market structure in which a single seller dominates the market for a particular good or service, without any close substitutes.
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