Examlex
A ________ is a model or pattern that serves as an example of how a product would look and operate if it were manufactured.
Product Differentiation
The distinction between or among goods and services made in the minds of buyers.
Concentration Ratio
A measure used in economics to assess the degree of market concentration, often used to identify the presence of monopolies or oligopolies.
Market Share
The share of a market that a specific company or product holds, commonly described as a proportion of the market's overall sales.
Industry X
A placeholder term used to refer to a specific, unidentified industry or sector within the economy.
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