Collusive Oligopoly – Cartel Formation
August 16, 2020
Role of Infrastructure in Economic Development
August 16, 2020This presentation covers the following concepts:
- Price Leadership
- Assumptions of Price Leadership
- Forms of Price Leadership: Price Leadership by a Low-Cost Firm, Price leadership by a Large (dominant) Firm, Barometric Price Leadership & Aggressive Price Leadership
- Advantages of Price Leadership
- Limitations of Price Leadership
