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Which, if any, of the ordered pairs (1, 2), (-1, 4), (-1, -1), and (5, -3) satisfy the system of inequalities?
x - y > 0
4x2 + y2 ≥ 4
Market Structure
The organizational characteristics of a market, including the number of firms, product uniformity across firms, firm's control over prices, and barriers to entry.
Predict Behavior
Predicting behavior involves using information and analysis to foresee the actions of individuals or markets in specific situations.
Oligopolistic Firms
Companies that operate in an industry dominated by a small number of players, where each one has some degree of market power.
React to Each Other
The interaction or response of entities or variables when influenced by changes in each other's state or actions.
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