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What is an oligopoly? Discuss the impact of interdependence in an oligopoly.
DVDs
Digital Versatile Discs, a type of optical storage media used for video, audio, and data storage, now surpassed by digital streaming and download technologies.
CDs
Compact Discs, a digital optical disc data storage format used for storing audio, video, and data.
Budget Constraint
The limitation on the consumption bundles that a consumer can afford given their income and the prices of goods.
Income
Income earned regularly from work or investments.
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