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In a controlled experiment,the group not subjected to a change in the independent variable,and used for comparison with the group receiving the experimental change,is the __________ group.
Rival Firms
Companies that compete against one another in the same market for consumers or resources.
ATC
Average Total Cost, which is the total cost of production divided by the total quantity produced, indicating the average cost per unit.
Territorial Division
The division or partitioning of land or space into separate areas, often for administrative or legal purposes.
Oligopolistic Market
A market structure characterized by a small number of firms that dominate the market, often leading to limited competition.
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