Dominant Price Leadership
ICFAI UNIVERSITY, DEHRADUN
NAME: KEDAR SINGH TOMAR
IUD No: 0901201057 IBS No: 09BS0001057
Course Name: MANAGERIAL ECONOMICS
Course Code: SLEC501
Faculty Name: DR. ANIRVINNA C.
Date of Submission: 08TH SEPTEMBER 2009
Topic of the Assignment:
DOMINANT PRICE LEADERSHIP
Student Signature Faculty Signature
DOMINANT PRICE LEADERSHIP
Dominant price leadership exists when a. one firm drives the others out of the market. b. the dominant firm decides how much each of its competitors can sell. c. the dominant firm establishes the price at the quantity where its MR = MC, and permits all other firms to sell all they want to sell at that price. d. the dominant firm charges the lowest price in the industry.
PRICE LEADER
Marketing: Powerful firm whose prices are likely to be imitated by other firms in the same market. Price leaders usually are also the market leaders.
DOMINANT LEADERSHIP
Leadership characterized by a clear line of authority that gives the leader the power of delegation, and the power to control the subordinates ' level of participation in decision making process. It is the most common form of leadership.
PRICE LEADERSHIP
Situation in which a market leader sets the price of a product or service, and competitors feel compelled to match that price.
Oligopoly Models “Price Leadership”
The firms in the Oligopolistic industry without any formal agreement accept the price set by the leading firm in the industry and move their prices in line with the prices of the leader firm. Price Leadership can be in any of the forms; Price Leadership by a Dominant firm Barometric Price Leadership Aggressive or Exploitative Price Leadership
The structure of the DTH industry in India can be categorized as an “Oligopoly”.
An oligopoly is a market form in which a market or industry is dominated by a
NAME: KEDAR SINGH TOMAR
IUD No: 0901201057 IBS No: 09BS0001057
Course Name: MANAGERIAL ECONOMICS
Course Code: SLEC501
Faculty Name: DR. ANIRVINNA C.
Date of Submission: 08TH SEPTEMBER 2009
Topic of the Assignment:
DOMINANT PRICE LEADERSHIP
Student Signature Faculty Signature
DOMINANT PRICE LEADERSHIP
Dominant price leadership exists when a. one firm drives the others out of the market. b. the dominant firm decides how much each of its competitors can sell. c. the dominant firm establishes the price at the quantity where its MR = MC, and permits all other firms to sell all they want to sell at that price. d. the dominant firm charges the lowest price in the industry.
PRICE LEADER
Marketing: Powerful firm whose prices are likely to be imitated by other firms in the same market. Price leaders usually are also the market leaders.
DOMINANT LEADERSHIP
Leadership characterized by a clear line of authority that gives the leader the power of delegation, and the power to control the subordinates ' level of participation in decision making process. It is the most common form of leadership.
PRICE LEADERSHIP
Situation in which a market leader sets the price of a product or service, and competitors feel compelled to match that price.
Oligopoly Models “Price Leadership”
The firms in the Oligopolistic industry without any formal agreement accept the price set by the leading firm in the industry and move their prices in line with the prices of the leader firm. Price Leadership can be in any of the forms; Price Leadership by a Dominant firm Barometric Price Leadership Aggressive or Exploitative Price Leadership
The structure of the DTH industry in India can be categorized as an “Oligopoly”.
An oligopoly is a market form in which a market or industry is dominated by a