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How will you prepare trans-2-heptene from 2-heptyne?
Dominant Firm
A company that has a major share of total sales in a particular market, giving it significant control over market prices and competition.
Oligopoly
A market structure characterized by a small number of firms controlling a large majority of the market share, leading to limited competition.
Dominant Price Leader
A firm that has the biggest market share in an industry and whose price changes are usually followed by other firms in the market.
Oligopoly
A market structure characterized by a small number of firms which dominate the market, leading to limited competition and potentially higher prices for consumers.
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