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Weber produces a large share of the total output in the outdoor grill industry. Other firms in the industry wait until Weber raises its prices,
Weber produces a large share of the total output in the outdoor grill industry. Other firms in the industry wait until Weber raises its prices, and then they raise theirs, too. In this example, Weber is an
Group of answer choices
oligopolist.
monopolist.
price leader.
perfect competitor.
predatory pricer.
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