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What is a significant disadvantage of price competition? a . Competitors can match a price change. b . It requires that a firm be able
What is a significant disadvantage of price competition?
a Competitors can match a price change.
b It requires that a firm be able to differentiate its product.
c It requires a higher breakeven point.
d Competitors may file a lawsuit.
e Consumers may perceive the product as having high quality.
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