Examlex
At the University of Miami a wealthy booster (now serving time in federal prison) said he spent millions on cash donations,hookers,and entertainment for football players,all with the coaches' knowledge.
Industry Structure
The organization of and relationships between companies within a particular sector, characterized by aspects such as competition, product differentiation, and market size.
Oligopoly
A market structure characterized by a small number of firms whose decisions about pricing and output affect each other.
Market Price
The price at which a good or service is currently traded in the market, determined by supply and demand.
Few Firms
A market structure characterized by a small number of companies dominating the industry, often leading to oligopolistic competition.
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