Examlex
TCP uses the _______ to establish a connection.
Differentiated Products
Goods or services that are distinguished from similar products by characteristics like quality, design, and branding, which affect consumer choice.
Interdependence
A relationship among firms in which their decisions significantly affect one another’s profits; characteristic of oligopolies.
Oligopoly
A market structure characterized by a small number of firms that control a large portion of the market share, influencing prices and competition.
Barriers to Entry
These are obstacles that prevent new competitors from easily entering an industry or area of business.
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