Examlex
If an upstream monopolist sells to a downstream monopolist, the price to consumers will be higher than the competitive price but not so high as it would be if the downstream monopolist took control of the upstream monopolist's business and ran both the upstream and downstream markets to maximize total profits.
Applied Research
Research aimed at finding a solution for a real-world problem rather than acquiring knowledge for knowledge's sake.
Knowledge Base
A structured repository of information, often used in AI and customer support, that enables the retrieval of knowledge.
Clinical Research
The branch of healthcare science that determines the safety and effectiveness of medications, devices, diagnostic products, and treatment regimens intended for human use.
Life Span
The maximum length of time an organism is expected to live under ideal conditions.
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