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What Output Design Considerations Should Be Analyzed as Part of the Physical

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Essay

What output design considerations should be analyzed as part of the physical system design phase?


Definitions:

Cartel

An agreement among several producers to obey output restrictions in order to increase their joint profits.

Marginal Cost

The cost incurred from producing one additional unit of a product or service.

Output

The amount of goods or services produced by a business, industry, or economy.

Oligopolistic

Pertaining to an oligopoly, describing a market dominated by a small number of firms, leading to strategic behaviors among them.

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