Assertion: oligopoly's price | /r/HasProperty | determined by the market
Facets:
Source sentences:
text: Individual companies simply take the price determined by the market and produce that quantity of output that maximizes the company's profits.
text: They set a production level based on the price determined in the market.
text: Perfect Competition is a market where a large number of small firms compete by selling similar products at the same prices (prices determined by the market) to earn a low-profit-margin.