Examlex
Which of the following countries was not among the world's 10 most competitive nations in 2015?
Imperfectly Competitive
A market structure where individual sellers have some control over the market price due to product differentiation or other factors.
Purely Competitive
A market structure with many sellers offering identical products, leading to no individual influence on price by single sellers.
Marginal Product
The additional output produced as a result of adding one more unit of a specific input, holding all other inputs constant.
Resource
A source or supply from which a benefit is produced and that has some utility, which can include natural resources, human resources, and capital.
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