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Flora Cult Inc

question 75

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Flora Cult Inc. ,an exporter of flowers across the globe,operates in an industry where there are many sellers and buyers.This makes it difficult for any one single seller or buyer to influence the market price of the flowers.Also,it is difficult for sellers or exporters to differentiate their products from each other.What type of market structure does this illustrate?


Definitions:

Message

A piece of information or communication that is sent from one person or group to another.

Semantics

The study of meaning that is conveyed in language, including words, phrases, and symbols, and how interpretation varies.

Language Routines

Standardized or habitual forms of verbal communication that occur in specific contexts.

Noise

Noise refers to any unwanted or disruptive sound that interferes with or diminishes the clarity of intended audio signals.

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