Question: 1. If you know that a competitor will lower their price if you lower your price, do you then have any incentive to lower your

1. If you know that a competitor will lower their price

1. If you know that a competitor will lower their price if you lower your price, do you then have any incentive to lower your price? Please explain.

if you lower your price, do you then have any incentive to

Price 110 - 58688838 MC = AC MR Quantity 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

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