oligopolistic industry
11ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …
12Concentration ratio — In economics, a concentration ratio is a measure of the total output produced in an industry by a given number of firms in the industry. The most common concentration ratios are the CR4 and the CR8, which means the four and the eight largest… …
13Price war — is a term used in business to indicate a state of intense competitive rivalry accompanied by a multi lateral series of price reductions. One competitor will lower its price, then others will lower their prices to match. If one of the reactors… …
14Economics of the arts and literature — or, for ease of reference below, cultural economics, is a branch of economics that studies the economics of creation, distribution, and the consumption of works of art and literature. For a long time the arts were confined to visual and… …
15Concentration of media ownership — Journalism News · Writing style Ethics · Objectivity Values · …
16Kinked demand — The kinked demand curve theory is an economic theory regarding oligopoly and monopolistic competition. When it was created, the idea fundamentally challenged classical economic tenets such as efficient markets and rapidly changing prices, ideas… …
17History of rail transport in North America — 1865 to 1914Much how the clock at the local railroad station was used to set the time for the area, railroad use and development set the pace of industrialization and the United States economy during 1865 to 1914. Of course, the rise of American… …
18Nationalization of oil supplies — The nationalization of oil supplies refers to the process of deprivatization of oil production operations, generally in the purpose of obtaining more revenue from oil for oil producing countries. This process, which should not be confused with… …
19Natural monopoly — A monopoly describes a situation where all (or most) sales in a market are undertaken by a single firm. A natural monopoly by contrast is a condition on the cost technology of an industry whereby it is most efficient (involving the lowest long… …
20organized labour — Introduction also called trade unionism, association and activities of workers in a trade or industry for the purpose of obtaining or assuring improvements in working conditions through their collective action. Great Britain (United… …
