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A(n) _____ is a tentative idea or question that is waiting for evidence to support or refute it, whereas a(n) _____ is a guess about the outcome of a hypothesis.
R&D Expenditures
Funds allocated by companies, institutions, or governments towards research and development activities to innovate or improve products, services, or processes.
Industry Concentration
Industry concentration is the degree to which a small number of firms dominate the total output, sales, or employment in an industry.
Bell-Shaped-Curve
A graphical representation of a normal distribution in statistics, where the apex represents the highest point or the mean, and the curve tapers equally on both sides.
Market Structures
The classification of markets based on the competition level and the nature of product differentiation among firms within an industry.
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