It has been observed that whenever one imported beer distributor raises its price,other imported beer distributors quickly raise their price as well.Such behavior is characteristic of:

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Quizplus · Accepted Answer

This behavior is characteristic of price leadership, where one dominant player sets the prices and the other firms follow suit. It does not necessarily imply collusion, as firms may simply be following the market leader. The kinked-demand curve model only applies to certain types of oligopoly markets and is not relevant in this scenario. The barometric-firm model of price leadership is not a commonly known theory.

It Has Been Observed That Whenever One Imported Beer Distributor