Examlex
How are linguistic differences an issue in the classroom for minority students? What can teachers do to address these issues and help minority students achieve?
Unfair Competition
Business practices that are deemed unethical or illegal, aiming to gain an unfair market advantage.
Oligopolist
An oligopolist is a participant within an oligopoly, which is a market structure characterized by a small number of firms dominating the industry, often leading to limited competition and higher prices for consumers.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Long Run
A period of time in economics during which all factors of production and costs are variable, and all adjustments can be made within the economy.
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