Price leadership occurs if:
a) smaller firms in an industry silently agree to charge th...
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Business, 20.12.2019 19:31 xmanavongrove55
Price leadership occurs if:
a) smaller firms in an industry silently agree to charge the same price as the largest firm.
b) two or more firms in an industry agree to fix the price at a given level.
c) competition among a large number of small firms generates a stable market price.
d) competition among a large number of small firms generates similar but slightly different prices.
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