asked 72.7k views
3 votes
It has been observed that whenever one imported beer distributor raises its price, other imported beer distributors quickly raise their price as well. Such behavior is characteristic of:

(A) price leadership.
(B) the kinked-demand curve model of oligopoly.
(C) the barometric-firm model of price leadership.
(D) explicit collusion.

1 Answer

2 votes
I believe it is A price leadership
answered
User Epochwolf
by
7.7k points
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