_words-of-wisdom-from-tedxteen-2015-124-mtv-news-preview-1.jpg "Words of Wisdom from TEDxTeen 2015 | MTV News from www video 2015 wisdom Video Screenshot Preview 1")
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_interview-with-recording-artist-terri-one.webp "Terri-One is an American Hip Hop artist/producer based out of Detroit, MI. A seeker of justice, he is determined to use his voice to bring knowledge to the people and speak truth to power. Terri-One has been a fixture on Detroit’s rap circuit for many years, allowing him tonspeak to the state of the world with hard earned wisdom and rare clarity.nnBorn Terione Wilson, the young artist teamed up with Elluzionz to form the group Darksick in 1996, calling himself T-Will. In 1999, they both went o")
_in-need-of-wisdom-nouman-ali-khan-gulf-tour-2015.webp "Nouman Ali Khan - Official - Bayyinah")
_types-of-market-structures.webp "Types of market structures<br/>In a perfectly competitive market, prices reflect an economy's collective wisdom, but in a monopolistic market, they reflect one company's absence of wisdom.<br/>Perfect Competition:<br/>Characteristics:<br/>Many buyers and sellers.<br/>Homogeneous (identical) products.<br/>Easy entry and exit for firms.<br/>Perfect information for all participants.<br/>No single firm can influence the market price.<br/>Implications:<br/>Prices are determined by market forces (supply and demand).<br/>Monopoly:<br/>Characteristics:<br/>Single seller dominating the market.<br/>Unique product with no close substitutes.<br/>Significant barriers to entry.<br/>Price maker – the firm has control over the price.<br/>Implications:<br/>The monopolist can set the price to maximize profits.<br/>Limited consumer choice.<br/>Potential for reduced efficiency and innovation. Firms are price takers, meaning they accept the market price.<br/>Oligopoly:<br/>Characteristics:<br/>Small number of large firms dominate the market.<br/>Products can be homogeneous or differentiated.<br/>Significant barriers to entry.<br/>Mutual interdependence among firms.<br/>Implications:<br/>Firms may engage in non-price competition (advertising, branding, etc.).<br/>Price and output decisions are influenced by the actions of competitors.<br/>Collusion is possible but often regulated.<br/>Monopolistic Competition:<br/>Characteristics:<br/>Many firms, each producing a differentiated product.<br/>Relatively easy entry and exit.<br/>Some control over price due to product differentiation.<br/>Implications:<br/>Firms have a degree of market power but are price setters to a limited extent.<br/>Non-price competition is common through advertising and product differentiation.<br/>Consumers have a range of similar but not identical products to choose from.")
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_official-2015-dodge-super-bowl-commercial-wisdom-dodgewisdom.webp "Test Drive")
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