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In both perfect competition and monopolistic competition, each firm
Walter A. Shewart
An American statistician and engineer, known for his works in the field of quality control and the development of the control chart.
Statistical Quality Control
A methodical approach to managing quality that uses statistical techniques to monitor and control processes and outputs.
Bell Laboratories
An industrial research and scientific development company renowned for its significant contributions to technology and science, originally part of AT&T and later Nokia.
Human Relations Study
An area of research focusing on the social interactions between employees in the workplace.
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