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How much stronger is the gravitational force of the Sun on the Earth compared to the gravitational force of the Sun on Pluto? Note that Pluto's semimajor axis is 40 AU and its mass is 0.002 times the mass of the Earth.
Collude
When two or more firms work together to control prices, limit supply, or thwart competition in a way that distorts market outcomes.
Monopoly Price
The price a monopolist sets, which is higher than the competitive price, due to the lack of competition in the market.
Competitive Level
Competitive level refers to the intensity of rivalry among firms in a market, affecting pricing, innovation, and market strategy.
Resale Price Maintenance
A practice where a manufacturer and its distributors agree on the price at which a product should be resold to the public.
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