Question
True or false: A fear of "price wars" is one factor that increases short-run price stickiness.
True false question.
True
False
True false question.
True
False
Answers
GPT-4o mini
True. A fear of "price wars" can lead to short-run price stickiness as firms may be reluctant to change prices downward due to concerns about triggering aggressive price competition that could harm their profitability.