Being the low price seller in the market is A) the best place to ...

[rlane42]

Being the low price seller in the market is
 A) the best place to be.
  B) not necessarily the best place to be.
  C) expected of large firms as they are subject to economies of scale.
  D) not as preferred as being the high price seller in the market.

Question 2

If I worry that if I cut my price, you will cut yours, then I am acting as if we are interdependent.
  Indicate whether the statement is true or false

[alvinum]

Answer to Question 1

B

Answer to Question 2

True

[rlane42]

Excellent

[softEldritch]

Thanks for the timely response, appreciate it