In oligopolistic industries, all firms normally charge the same price. What kind of a pricing method are they said to be following?
What will be an ideal response?
Oligopolistic industries follow going-rate pricing. Firms following this pricing method, base their prices largely on competitors' prices.
Business
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Which of the following best describes the data: zip codes for students attending Glenville College?
A) qualitative B) numerical C) quantitative D) time-series
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