How did the competitor’s strategy in Scenario C affect your strategy
How did the competitor’s strategy in Scenario C affect your strategy
How did the competitor’s strategy in Scenario C affect your strategy and results? Note: although you may not have consciously considered the competitor’s actions, his prices affected the demand curve you faced. That demand curve affected your pricing decisions. How did the competitor’s behavior affect your prices and profits? (Hint: compare prices and profits from Scenario B.2 to the Scenario C).
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