Price leadership is a method by which oligopolies can
A) Increase prices without explicit price-fixing.
B) Illegally raise prices.
C) Maintain the "kink" in their demand curves.
D) Encourage competition.
Correct Answer:
Verified
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A)Price-fixing.
B)Marginal
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A)Results in inflexible prices.
B)Accounts for kinked
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A)A type of market structure.
B)Not
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