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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: If competing price searchers adjust their own prices on the basis of a close monitoring of their riv
Post by: Sublight2097 on Jun 20, 2015
If competing price searchers adjust their own prices on the basis of a close monitoring of their rival's prices,
A) all prices will tend to be the same, which proves prices are not competitive.
B) all prices will tend to be the same, which proves sellers are not competing on price.
C) each price searcher's demand curve will be indeterminate.
D) prices will fluctuate regularly.
E) prices will rise when costs increase but will not fall when costs decrease.


Title: Re: If competing price searchers adjust their own prices on the basis of a close monitoring of their
Post by: Smoooth on Jul 27, 2015
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Title: Re: If competing price searchers adjust their own prices on the basis of a close monitoring of their riv
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: If competing price searchers adjust their own prices on the basis of a close monitoring of their riv
Post by: Smoooth on Aug 31, 2015
My pleasure :-]