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Discuss the reasons for the growth of the Cult of the Virgin Mary during the twelfth and thirteenth centuries and the effects this cult had on the Gothic cathedrals.
Concentrated Industry
An economic sector characterized by a small number of firms holding a large market share, leading to reduced competition.
Fuel-efficient Cars
Vehicles designed to use less fuel for the same distance traveled compared to standard vehicles, typically through advanced technology or design.
Concentration Ratio
A measure that assesses the level of market concentration, indicating the combined market share of the top firms (usually the top 4 or 8) in the industry.
Kinked Demand Curve
The demand curve for the cutthroat oligopolist, which is based on the assumption that competitors will match a price cut, but will not match a price increase.
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