In the barometric price- leader model, the price- leader is always the largest firm in the industry.

Name: In the barometric price- leader model, the price- leader is always the largest firm in the industry.
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In the barometric price-leader model, the price leader is not necessarily the largest firm in the industry but is usually one that has a history of stable and predictable pricing which other firms follow, regardless of its size.

In the Barometric Price- Leader Model, the Price- Leader Is