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Suppose you are operating a copy service. You learn that FedEx Kinkos is going to open an outlet just a few blocks away. You are

Suppose you are operating a copy service. You learn that FedEx Kinkos is going to open an outlet just a few blocks away. You are concerned that you cannot compete with the marketing power of FedEx. What is likely to happen if you lower your prices and place colorful advertising banners in the windows announcing the lowered prices?

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