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insherro insherro
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7 years ago
A firm acting as a price leader would never reduce market price because this would clearly make all of the firms in the market worse off and defeat the purpose of having a firm act as the price leader.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
Good timing, thanks!
tcat
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jblazah
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2 hours ago
Smart ... Thanks!
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