Assertion: oligopoly | /r/HasProperty | situation
Facets:
value: in simple words
type: OTHER
Source sentences:
text: In simple words, “Oligopoly is a situation in which there are so few sellers that each of them is conscious of the results upon the price of the supply which he individually places upon the market”-The number of sellers is greater than one, yet not big enough to render negligible the influence of any one upon the market price.
text: Oligopoly is that situation in which a firm bases its markets policy in part on the expected behaviour of a few close rivals.
text: An oligopoly is a situation where a few firms sell most or all of the goods in a market.
text: An oligopoly is a situation where a few firms sell most or all of the goods in a market.
text: An oligopoly is a situation where a small number of large firms dominate the market, taking up most of the market share for the products and services they provide.
text: Oligopoly is a situation in which a particular market is controlled by a small group of firms.
text: An oligopoly is a situation where a few firms sell most or all of the goods in a market.
text: An oligopoly is a situation where a few firms sell most or all of the goods in a market.
text: An oligopoly is a situation where a few firms sell most or all of the goods in a market.
text: Monopolies, monopsonies and oligopolies are all situations in which one or a few entities have market power and therefore interact with their customers (monopoly or oligopoly), or suppliers (monopsony) in ways that distort the market.[citation needed]