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a. all firms but the dominant firm are price takers.
b. the dominant firm acts as the residual monopolistic supplier.
c. the demand curve faced by the dominant firm is flatter than the market demand curve.
d. All of the above are correct.
Option " D " All Option Above Is Correct
Hhjjjjjjjjjj d. All of the above are correct.
d. All of the above are correct.. ..........................................................................
option d ........................................................................
OPtion D
the "dominant firm" or "price leadership" model - all the above are correct - the answers lies in the question itself!
My answer is also option (D)
The answer is : Option ( D )
(D) Thank You.
d. All of the above are correct
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