Price signaling is typical in markets with a high concentration of sellers.

Name: Price signaling is typical in markets with a high concentration of sellers.
Brand: Quizplus
Rating: 5.0 (37 reviews)

Question

Quizplus · Accepted Answer

Price signaling is more common in markets with a high concentration of sellers (oligopolies) because few firms dominate, and they often adjust their prices in response to each other's pricing strategies, signaling intentions and potentially avoiding price wars.

Price Signaling Is Typical in Markets with a High Concentration