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When speaking with someone from another culture,avoid
Oligopoly
A market structure characterized by a small number of firms dominating the market, leading to limited competition.
Business Firms
Organizations involved in the production, distribution, or sale of goods and services for profit.
Large Firms
Companies that operate on a large scale, often having significant market power, extensive operations, and substantial revenues.
Collusion
An agreement between two or more parties, often competitors, to limit competition and manipulate prices or terms of trade to their advantage.
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