If Luxury Spas, Renew Spas, and Relax Spas are all competing in the spa market and Relax Spas consistently is the first to change prices, Relax Spas might be ________.
A) signaling to the other firms to consistently raise their prices
B) offering to be the price leader
C) signaling to the other firms to consistently lower their prices
D) signaling to the other firms to consistently maintain their prices
B) offering to be the price leader
Economics
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