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If you are a student stressed with Market and marketing Assignments, we believe we can help you. What is your primary problem? Do you lack sufficient idea on the topic? Are you worrying about the presentation? Do you lack enough time to finish your project? If your answer was yes to any of these questions, you have reached the right place. We can bring you the solution you are looking for with our Price Leader Assignment Help. We have professional tutors on our team who can explain the subject to you or do the entire project if that is what you need.

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Price Leaders and their role in the Market:

Price Leaders are firms that hold the leading position in the market, that is, they have such huge influence on the market that they can determine the price of a product, and rival firms will follow suit to match that price. Price leaders are also known as Market leaders since the other firms have no choice other than to follow its lead.

When price leaders increase their prices, the other rival firms can also increase their prices and justify it. This way, the whole market price goes up and every firm in the market earns profit.

In the same way, if the price leader reduces its price, other firms would be forced to do the same to survive the market competition. Since minor firms lack the economy of scale unlike the market leader, it is possible that they will incur losses in the long run and will eventually be compelled to shut down their business.

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Getting in touch with us is easy, simply log in to our site and drop in your query. You can also give us a call. Expect us to reach back to you immediately. You surely would not want to miss such an amazing opportunity to score without any labor! So come on, get our Price Leader Homework Help right now!

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