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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
The Double D Company is the price leader in an oligopoly industry.  They decide to raise the price of their product from $15 to $18.  What price will the other firms in the industry charge?
A) $15
B) a price above $18
C) $18
D) a price above $15 but below $18
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kingbykingby
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#1
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Posts: 3218
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8 years ago
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#2
8 years ago
I compared your answer with a buddy, and it matches

Thanks
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#3
8 years ago
Great! Now we can move on to the next one
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