Examlex
A firm that is in an oligopoly knows that its _____ affect its _____ and that the _____ of its rivals will affect it.
Factors Of Production
The resources used in the process of production, including land, labor, capital, and entrepreneurship.
Production Technology
The methods, equipment, and processes used to produce goods and services, encompassing both physical machinery and software systems.
Efficient Outcomes
Results or end-states that achieve the maximum benefit or utility with the minimal waste of resources.
Economy
The system of production, distribution, and consumption of goods and services in a particular geographic area.
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