50-100 Word Microeconomics Discussion Response

A low-cost price leader could enforce its leadership through implied threats to a rival by increasing production at a lower operating cost. Let’s say a manufacturer can increase it’s output by 40% while only increasing operating costs by 10%. The

A low-cost price leader could enforce its leadership through implied threats to a rival by increasing production at a lower operating cost. Let’s say a manufacturer can increase it’s output by 40% while only increasing operating costs by 10%. The