Examlex
An individual who illegally downloads copyright-protected software is referred to as a ____.
Raise Price
An action taken by producers or sellers to increase the cost at which goods or services are sold, often in response to market conditions.
Single Firm
Refers to an individual business entity that operates in a market, typically producing goods or services.
Monopoly
A market structure in which a single seller dominates the market for a particular good or service, without any close substitutes.
Monopolistic Industry
An industry dominated by a single firm that has control over pricing and the market, facing little to no competition.
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