A firm that practices price competition engages in which one of the following strategies? A)Setting prices only as low as the second -lowest competitor B)Letting other firms cut price while it retains profitability C)Competing in both price and product differentiation D)Beating or matching the prices of competitors

A firm that practices price competition engages in which one of the following strategies? A)Setting prices only as low as the second  -lowest competitor B)Letting other firms cut price while it retains profitability C)Competing in both price and product differentiation D)Beating or matching the prices of competitors
by

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Answer :

D)Beating or matching the prices of competitors
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