Glossary

Select a subject
Search for a definition...
Back to the Glossary
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Subject:

when producers get together to set prices.

Subject:

consumers will not react; or react only slightly; to a change in price.

Subject:

the supply decreases very little in relation to a large change in price.

Subject:

producers that can influence the total market supply or the price of the products.

Subject:

producers that cannot influence the total market supply or the price of the products.

Pages