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Subsidized
Financial support extended by the government or another body to reduce the cost of goods, services, or activities to encourage more consumption or participation.
Natural Monopolist
A single provider of a good or service in a market, where the nature of the product or service makes competition impractical due to high infrastructure or start-up costs.
Regulatory Commission
A governmental body responsible for enforcing specific regulations and overseeing the practices within certain industries.
Economic Profit
A financial gain that exceeds both the explicit and implicit costs associated with business operations.
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