In a Market Characterized by Price Leadership

In a market characterized by price leadership,

A) the dominant firm accepts the price determined by the larger number of smaller firms.
B) the smaller firms accept the price determined by the dominant firm.
C) specific firms in an oligopolistic group perhaps even one firm) sets a price that subsequently influences but does not determine what other members of the group will charge.
D) the efficiency of the price leading firm is almost never an issue.
E) the dominance of the price leading firm is almost never an issue.