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impassive
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imperfect competition
im·per·fect com·pe·ti·tion


noun 
Definition:
 
market structure with goods not standardized: a market structure in which products are not standardized and there are barriers to entry for new firms
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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