If Best Beds, Bedding R Us, and Sleepy Beds are all competing in the bedding market and Best Beds consistently is the first to change prices, Best Beds might be________.
A) offering to be the price leader
B) signaling to the other firms to consistently raise their prices
C) signaling to the other firms to consistently lower their prices
D) signaling to the other firms to consistently maintain their prices
Correct Answer:
Verified
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