Examlex
Zhao Mengfu's Sheep and Goat exemplifies the style of __________.
Oligopoly Pricing
A market pricing strategy used in an oligopoly, where a few firms dominate the market and can significantly influence prices through competitive and collaborative dynamics.
Sticky
Describes prices or wages that are slow to adjust or change in response to changes in supply, demand, or the broader economic environment.
Price Discrimination
A pricing policy in which the same provider sells the same or nearly the same products or services at various prices across different markets.
Kinked-demand Curve Model
An economic model that explains price stability in oligopolistic markets by suggesting that businesses may not raise or lower prices due to the segmented demand curve.
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