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In which of the following ways do oligopolies compete with existing rivals and block new entries?
Per Capita Income
An average income earned per person in a given area (city, region, country) in a specified year, often used as an indicator of the economic health of a region.
Laspeyres Price Index
The Laspeyres Price Index measures the change in the price of a basket of goods and services over time, using the quantities of the base period.
Base Year
A specific year chosen as a point of reference or benchmark for economic or financial calculations, such as indexing or comparing prices.
Current Year
The ongoing calendar year during which an event or measurement is taking place.
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