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price elasticity of supply
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Also available:
World English Dictionary
Dictionnaire Français
price ring
price ring
(
plural
price rings
)
noun
Definition:
traders who fix prices:
a group of traders who cooperate, usually illegally, to fix the price of the goods that they sell in order to prevent competition
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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