Examlex
Mahmud of Ghazni's incursion into India in the eleventh century was inspired by
Cartel
An agreement among several producers to obey output restrictions in order to increase their joint profits.
Marginal Cost
The cost incurred from producing one additional unit of a product or service.
Output
The amount of goods or services produced by a business, industry, or economy.
Oligopolistic
Pertaining to an oligopoly, describing a market dominated by a small number of firms, leading to strategic behaviors among them.
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