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Home Q & A Board Other Fields Homework Help Business Economics
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lmalma lmalma
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3 years ago
If firms follow the prices of a firm that is thought to be typical of the industry, this is called

▸ tacit collusion.

▸ strategic dominance.

▸ barometric price leadership.

▸ a cartel.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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mcwieckmcwieck
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3 years ago
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lmalma Author
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3 years ago
You make an excellent tutor!
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Thanks
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Helped a lot
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