Question $3$

The advantage that focused companies have over their broad market rivals is that they can:

a$.$ sell on non$-$price factors, such as design or customer service.

b$.$ respond to demands for deep price discounts.

c$.$ can establish a cost advantage and customize offerings for a niche market.

d$.$ initiate a price war to grow volume and drive its weaker rivals out of the industry.

e$.$ absorb cost increases that may be passed on downstream by powerful suppliers.