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This chapter discusses companies that are oligopolists in the market for the goods they sell. Many of the same ideas apply to companies that are oligopolism in the market for the inputs they buy. If sellers who are oligopolists try to increase the price of goods theyr sell, Hie goal of buyers who are oligopolist; is to try to decrease the prices of goods they buy. Major league baseball team owners have an oligopoly in the market For baseball players. {a *Dthel4.bii - Notepad El X File Edit Format View Help The owners' goal isto keep players' salarieshwV . The other- choice is as follows: high Ln 3, Col 1 I 100% Windows {CRLF} True or False: This goal is difcult to achieve because baseball players demand more money. K) UTF-8 3 True 0 False Baseball players went on strike in 1994 because they would not aooept the salary cap that the owners wanted to impose. True or False: The owners felt the need for a salary my to help prevent any team From cheating. Q Tme 0 False

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