Examlex
Which of the following activities are distinctive of oligopolies?
I.Collaboration in price setting.
II.Division of markets into spheres of influence.
III.Use of reciprocal buying agreements with purchasers.
IV.Avoidance of advertising.
Power
The capacity or ability to direct or influence the behavior of others or the course of events.
Exercised
Pertains to the act of utilizing or applying a right, option, or faculty, often in context but not limited to physical activities or financial options.
Power
The ability to influence or control the behavior of people or the course of events.
Individuals
Single human beings as distinct from a group, class, or family.
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