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25 October, 16:20

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.

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  1. 25 October, 19:16
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    I believe it is A price leadership
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