Examlex
The multiple factor hypothesis suggests that many factors or genes contribute to the phenotype in a cumulative or quantitative manner.
Cournot Equilibrium
Equilibrium in the Cournot model, in which each firm correctly assumes how much its competitor will produce and sets its own production level accordingly.
Competitive Equilibrium
A market state where supply equals demand, and no economic forces are compelling either price or quantity to change.
Oligopolistic
Referring to a market structure characterized by a small number of firms that have significant control over prices and market share.
Market
Collection of buyers and sellers that, through their actual or potential interactions, determine the price of a product or set of products.
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