A "prisoner's dilemma" situation can determine their level under an oligopoly, and companies which cannot affect their general level are "takers" of these. Thorstein Veblen ad
A "prisoner's dilemma" situation can determine their level under an oligopoly, and companies which cannot affect their general level are "takers" of these. Thorstein Veblen advocated technocracy in a book about "The Engineers and" the "system" of these. Market segmentation is one reason for their namesake "discrimination." In basic economic graphs, demand increases, and supply decreases, as these rise. For 10 points, what are these values, which are often plotted against quantity on supply-demand graphs, and which rise in periods of inflation?
A "prisoner's dilemma" situation can determine their level under an oligopoly, and companies which cannot affect their general level are "takers" of these.
prices [or the price level; do not accept "costs"]