Recall the Application About the Price Competition Between Name Brands

question 80

Multiple Choice

Recall the Application about the price competition between name brands and store brands to answer the following question(s) .
-Recall the Application. In stores that introduce store brands at a lower price, usually the price of the name brand:

• A)fell below that of the store brand substitute.
• B)fell, but stayed above the price of the store brand.
• C)rose.
• D)was unaffected.

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