Which of the following is usually an effect of an embargo? A. Prices fall because consumers have more options
B. Prices rise because consumers have fewer options
C. Countries benefit because open trade is encouraged
D. Smaller countries give in to the demands of larger countries

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate?