Meaning of Oligopoly in Urdu

Meaning and Translation of Oligopoly in Urdu Script and Roman Urdu with Definition, Wikipedia Reference, Image,

Urdu Meaning or Translation

oligopoly Noun چند افرادی اجارہ داری

Definition

1. (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors

Wikipedia

An oligopoly (from Ancient Greek ὀλίγος (olígos), meaning "few", and πωλεῖν (polein), meaning "to sell") is a market form in which a market or industry is dominated by a small number of sellers (oligopolists).

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