Examlex
Special rights given to some employees to buy a specific number of shares of the company stock at a fixed price during a specific period of time are known as
Monopolistically Competitive
A market structure in which many companies sell products that are similar but not identical, allowing for competition based on quality, price, and brand.
Differentiated Product
A product that is distinct from other similar products based on qualities like design, quality, or features, often achieved through branding and marketing.
Barriers
In economic terms, barriers typically refer to obstacles that impede the flow of goods, services, capital, or labor across borders, such as tariffs, quotas, or regulations.
Monopolistic Competitor
A firm that operates in a market structure characterized by many competitors selling differentiated products.
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