Quizlet
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| 1-4 of 4Oligopoly flashcard sets | |||
|---|---|---|---|
| # | Title | Terms | Date |
| 1 | C12-Oligopolyby lsturgis | 21 terms | December 2, 2008 |
| 2 | Chapter 13 Monopolistic Competition and Oligopolyby ksinger1 | 9 terms | November 20, 2009 |
| 3 | 7.2 Monopolistic Competition and Oligopolyby mjdolenko | 3 terms | October 11, 2009 |
| 4 | Micro Ch. 13: Oligopoly and Monopolistic Competitionby nezzytoe91 | 19 terms | November 13, 2009 |
No groups found.
| oligopoly definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | when a small number of companies control an industry | 16 sets | |
| 2 | a market structure in which a few large firms dominate a market | 16 sets | |
| 3 | a market structure in which only a few sellers offer similar or identical products | 11 sets | |
| 4 | when a small number of companies control an industry. | 7 sets | |
| 5 | (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors | 6 sets | |
| 6 | domination of a market by only a few businesses | 6 sets | |
| 7 | the domination of a market by a few producers | 5 sets | |
| 8 | a form of competition in which just a few sellers dominate the market | 5 sets | |
| 9 | the control of an entire industry, such as meat packing, by a few major producers | 5 sets | |
| 10 | market form in which a market is dominated by a large number of sellers. when oligopolists in the same market collude and agree to raise prices and restrict production, a cartel forms. | 4 sets | |
| 11 | market structure in which a few large firms dominate a market | 4 sets | |
| 12 | few sellers and identical or slightly differentiated products | 3 sets | |
| 13 | market dominated by a few large firms | 3 sets | |
| 14 | a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors | 3 sets | |
| 15 | a market in which there are only a few rival sellers | 3 sets | |
| 16 | a from of competition in which just a few sellers dominate the market | 3 sets | |
| 17 | a market structure in which a small number of interdependent firms compete | 3 sets | |
| 18 | an economic situation in which a small number of companies dominate an industry | 2 sets | |
| 19 | market structure in which a few large sellers dominate and have the ability to affect prices in the industry; form of imperfect competition | 2 sets | |
| 20 | market structure dominated by a small number of sellers. the word is derived from the greek for few sellers. because there are few participants in this type of market, each oligopolist is aware of the actions of the others. the decisions of one firm influence, and are influenced by the decisions of other firms. | 2 sets | |
| 21 | an industry composed of a limited number of large firms | 2 sets | |
| 22 | the market condition that exists when there are few sellers | 2 sets | |
| 23 | n. domination of a market by only a few businesses | 2 sets | |
| 24 | a market structure dominated by only a few large, profitable firms | 2 sets | |
| 25 | the domination of a market by a few producers. | 2 sets | |
| 26 | a market condition in which sellers are so few that the actions of any one of them will materially affect price and have a measurable impact on competitors | 2 sets | |
| 27 | a | 2 sets | |
| 28 | a market structure in which a few very large sellers dominate the industry. | 2 sets | |
| 29 | * few sellers* substanstantial barriers to entry**standardized and differentiated products* non price competition(food cereal) steal price follower | 2 sets | |
| 30 | a few large sellers dominate the market | 2 sets | |
| 31 | a market structure in which a few very large sellers dominate the industry | 2 sets | |
| 32 | a type of market where there only are a few sellers, there is a nearly standardized product, and entry into the market is difficult | 2 sets | |
| 33 | a form of competition in which just a few sellers dominate the market. | 2 sets | |
| 34 | a market structure which is dominated by only a few large profitable firms | 2 sets | |
| 35 | a market dominated by a small number of participants who are able to collectively exert control over supply and market prices. | 2 sets | |
| 36 | market structure dominated by only a few large firms | 2 sets | |
| 37 | a market structure with a small number of firms whose behavior is interdependent | 2 sets | |
| 38 | a market structure dominated by only a few, large profitable firms | 1 set | |
| 39 | few large firms tend to dominate the market. i.e. airline, automobile, and aerospace industries | 1 set | |
| 40 | a market in which a few large sellers control most of the production of a good or service. | 1 set | |