PPT-Price & Output Determination Under Different Markets Structures

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https://www.expertsinshopify.com/ PREPARED BY. ANINDITA CHAKRAVARTY. We now proceed to explain the determination of price and output when there exists price leader­ship by a dominant firm which is having a large share of the market with a number of small firms as followers each of which has a small share of the market. . Leadership . Prepared by. ANINDITA CHAKRAVARTY. Economists have developed various models concerning price-output determination under price leadership making different assumptions about the . behaviour.