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Oligopoly Market
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Oligopoly:A market structure which a few large firms dominate a market
Price War:A series of competitive price cuts that lowers the market price below the cost of production
Collusion:An agreement among firms to divide the market, set prices, or limit production
Price Fixing:An agreement among firms to charge one price for the same good
Cartel:A formal organization of producers that agree to coordinate prices and production
Air Travel:One of the examples of an Oligopoly market
Oligopoly Market
Across:1. | A formal organization of producers that agree to coordinate prices and production |
| 6. | An agreement among firms to charge one price for the same good |
| | Down:2. | One of the examples of an Oligopoly market | 3. | An agreement among firms to divide the market, set prices, or limit production |
| 4. | A market structure which a few large firms dominate a market | 5. | A series of competitive price cuts that lowers the market price below the cost of production |
| |
© 2012
PuzzleFast.com, Noncommercial Use Only
Oligopoly Market
Across:1. | A formal organization of producers that agree to coordinate prices and production |
| 6. | An agreement among firms to charge one price for the same good |
| | Down:2. | One of the examples of an Oligopoly market | 3. | An agreement among firms to divide the market, set prices, or limit production |
| 4. | A market structure which a few large firms dominate a market | 5. | A series of competitive price cuts that lowers the market price below the cost of production |
| |
© 2012
PuzzleFast.com, Noncommercial Use Only