Examlex
What health care system was founded by Andrew Taylor Still,an allopathic physician who disliked the toxic drugs of his time?
Entry Blocked
A market condition where barriers exist that prevent new competitors from easily entering an industry or area of business.
Close Substitutes
Close substitutes are different goods or services that can satisfy the same needs or desires, often with very little difference from the consumer's perspective.
Silk-Screened T-Shirts
T-shirts printed using a technique that forces ink through a mesh screen to create a design.
Long Run
A period in which all factors of production and costs are variable, allowing all inputs to be adjusted to meet changes in the market.
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