Examlex
_______ properties are properties associated with all Office files and include the author,title,and subject.
Strategic Behavior
Actions taken by firms or individuals that consider the anticipated reactions or responses of other firms or individuals.
Collusive Oligopoly
A market situation where a small number of firms agree, explicitly or implicitly, to control prices, market share, or other competitive dimensions, reducing or eliminating competition.
Contestable Market Model
An economic concept that describes a market with free entry and exit, where a company's prices and output levels are constrained by the threat of potential competition.
Price-Leadership Model
A market strategy where a leading firm sets prices that other firms in the industry then follow, influencing the pricing practices across the market.
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