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duopoly

Duopoly Definition

What is a duopoly? A duopoly is a situation where two companies together own all, or nearly all, of the market for a given product...
Lorenz curve

Lorenz Curve

What is the Lorenz Curve The Lorenz curve is a graphical representation of the distribution of wealth or income. It was developed by American economist...

Qualified Electric Vehicle

What is 'Qualified Electric Vehicle' An electric vehicle that qualifies the owner to claim a nonrefundable tax credit. A qualified electric vehicle...

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