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In the long run,profits will equal zero in a competitive market because of
Fear
An emotional response to perceived threats or danger, causing physiological and behavioral changes.
Contempt
A feeling of disdain or scorn towards something or someone considered to be worthless or inferior.
Individualistic Culture
A culture characterized by a preference for independence, personal achievements, and a belief in individual rights above those of the group.
China
A country in East Asia, known for its rich history, cultural heritage, and as being the most populous nation in the world.
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