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At its extreme, the use of the powers of government by public officials to achieve personal gains is:
Perfectly Competitive Industry
A market structure where many firms sell identical products, entry and exit are easy, and no single firm can influence the market price.
Market Shares
The percentage of an industry's total sales that is earned by a particular company over a specified time period.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Patent Rights
Legal rights granted to an inventor or assignee to exclusively make, use, or sell an invention for a certain period of time.
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