Examlex
A population crash occurs when
Collusively
Acting in coordination with others, often in secret, to limit competition and manipulate market outcomes, such as setting prices.
Product Demand
The desire and willingness of consumers to purchase a particular good or service at a given price.
Oligopoly
A market structure characterized by a few firms dominating the industry, leading to limited competition and potentially higher prices for consumers.
Pure Competition
A market scenario where numerous sellers offer homogenous products, making the market highly competitive.
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