Which of the following pricing strategies is usually the rule in an oligopolistic industry that a few firms​ dominate, which might be in the best interest of all players because it minimizes price​ competition?

Which of the following pricing strategies is usually the rule in an oligopolistic industry that a few firms​ dominate, which might be in the best interest of all players because it minimizes price​ competition?


A. Price leadership

B.Yield management pricing

C.Penetration pricing

D.Value pricing or everyday low pricing​ (EDLP)

E.Demand-based pricing



Answer: A. Price leadership


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