When higher-priced competitors match the lower prices but have longer staying power because of deeper cash reserves, it leads to a(n)________.
A) low-quality trap
B) fragile-market-share trap
C) price war trap
D) escalator trap
E) shallow-pockets trap

Question

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The Answer of When higher-priced competitors match the lower prices but have longer staying power because of deeper cash reserves, it leads to a(n)________.
A) low-quality trap
B) fragile-market-share trap
C) price war trap
D) escalator trap
E) shallow-pockets trap

When Higher-Priced Competitors Match the Lower Prices but Have Longer