Examlex
Some factors that interact to make streams seek equilibrium are independent variables and others are dependent variables.Which of the following is(are) an independent variable(s) ?
Barriers
Obstacles that prevent new competitors from easily entering an industry or area of business.
Decision Variable
A variable, often under the control of a decision-maker, which influences the outcome of an optimization problem.
Market Structure
The organizational and characteristic features of a market, including the level of competition and number of participants.
Market Structure
Market Structure refers to the organizational and other characteristics of a market, largely influencing the nature of competition and pricing within the market.
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