Business
Business, 29.05.2020 06:59, psychocatgirl1

Suppose three companies, Optimax, Megachug, and Thirstoid, dominate the sports drink market. Optimax has the largest market share. In order to capture market share from Optimax and Megachug, Thirstoid redesigns its label and hires additional sports celebrities to endorse its sports drink. This is an example of:

a. A price war
b. Price leadership
c. Product differentiation

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Answers: 3

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Suppose three companies, Optimax, Megachug, and Thirstoid, dominate the sports drink market. Optimax...

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