Which of the following does not hinder successful price leadership?
a. all of the following are correct
b. potentially large economic profits due to this activity
c. cheating by offering secret discounts
d. product differentiation
e. illegality of coordinated pricing
B
You might also like to view...
A potential problem arises in principal-agent relationships
a. because the agents' actions are not always observed by the principals b. because the principals' actions are not always observed by the agents c. because the agent's and the principals' actions are always observed by each other d. the observability of actions is irrelevant
Macroeconomics would be concerned with
A) implications of changes in unemployment and inflation. B) the effects on individual consumers of changes in the price of gasoline for a business. C) the effects of a tax on beer. D) the effects of wage increases on steel manufacturers.