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Which of the following is not one of the three equilibrium conditions in an IS-LM-BP model?
Nonprice Competition
A strategy where businesses compete on factors other than price, such as product quality, service, or brand reputation.
Shrinking PC Market
A trend indicating a decline in the demand or sales of personal computers, often due to shifts toward mobile devices or other technologies.
Smartphone Markets
A sector of the technology industry focused on the production, distribution, and sale of smartphones, characterized by rapid innovation and competition.
Tablet Markets
The sector or industry dedicated to the manufacturing, distribution, and sale of tablet computers.
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