heya, has anyone done the case study 7.2, the banking oligopoly, kinda stuck on it. "like what form of price leadership is this?", a barometric firm price leadership or a dominant firm price leadership. like u can look at it both ways.
For e.g, the dominant firm, u can say that the other followed the commonwealth bank, "following the leader", but when u look at a barometric point of view, u can say that its just change because of the market condition. is it possible to say both, by supporting both answer with enough information?