Business, 14.12.2021 02:40 chaseking120418

Suppose Scoope's Ice Cream Shop operates as a price leader in a small town. If Scoope's decides to increase their price from $6 to $10 other firms will likely A. also increase their price.
B. keep their price the same.
C. reduce their price.
D. adjust their price so marginal revenue and demand are equal.

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Suppose Scoope's Ice Cream Shop operates as a price leader in a small town. If Scoope's decides to i...

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