Examlex
Constructive eviction occurs when a tenant moves off the premises in re?taliation against the landlord.
Kinked Demand Curve Model
A model in oligopoly markets suggesting that firms may not change their prices because an increase could be ignored by rivals, while a decrease might be matched.
Price Stability
A situation in an economy where prices in general do not change significantly over time, minimizing uncertainty and conducive to economic growth.
Oligopolies
Market structures characterized by a small number of firms that have significant market power, which can influence prices and output levels.
Cartels
Formal agreements among competing firms to control prices, production, and distribution of goods, often to restrict competition and increase profits illegally.
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