Examlex
Title VII of the Civil Rights Act of 1964 does not apply to employers with only five employees.
Oligopolistic
Pertaining to a market structure characterized by a small number of firms whose actions and policies can significantly impact the entire market.
Perfect Competition
A market structure characterized by many buyers and sellers, homogeneous products, free entry and exit, and full information.
Monopolistic Competition
A market structure marked by many competing firms offering products or services that are similar, but not perfect substitutes.
Oligopoly
A market structure characterized by a small number of firms controlling a large portion of the market share, leading to limited competition.
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