Assertion: oligopoly | /r/CapableOf | charge higher price
Facets:
value: like any firm with market control
type: OTHER
Source sentences:
text: Like any firm with market control, an oligopoly charges a higher price and produces less output than the efficiency benchmark of perfect competition.
text: Like any firm with market control, an oligopoly charges a higher price and produces less output than the efficiency benchmark of perfect competition.