HELP! Suppose three companies dominate the sports drink market.......?

S

Stephanie Santos

New member
Suppose three companies, Optimax, Megachug, and Thirstoid, dominate the sports drink market. Optimax enjoys the largest market share. Each time Optimax changes the price of its sports drink, the other two firms match its price. This is an example of:

a) none-price competition
b) price leadership
c) a price war
 
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