Examlex
One of the functions of a centromere is to contribute to proper chromosome segregation.The other function is to
Cartels
Coalitions of independent businesses formed to regulate production, pricing, and marketing of goods to maximize collective profits.
Price Leadership
A market situation where one or more dominant firms set the price of goods or services, and other firms in the industry follow suit.
Kinked-Demand Curve Model
An economic theory suggesting that prices become rigid or sticky due to competing firms' responses to price changes.
Collusion
A secret agreement between firms in a market to fix prices, limit production, or divide markets, in order to reduce competition and increase profits.
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