Assertion: firm | /r/CapableOf | lower price
Facets:
value: below the existing price
type: OTHER
Source sentences:
text: The conjectural assumptions of the model are; if the firm raises its price above the current existing price, competitors will not follow and the acting firm will lose market share and second if a firm lowers prices below the existing price then their competitors will follow to retain their market share and the firm's output will increase only marginally.