What is one possible outcome of a company lowering their prices?

answer
The correct answer is 2. When one company lowers their prices, their competitors are likely to do the same so that their customers aren’t tempted to leave them. Two companies aggressively lowering their prices is known as a price war.
Part of the course

Try it out

00:00
00:00

Pick a plan that suits you the best!

Monthly Subscription

$12/month
(billed monthly)

Annual Subscription

$5/month 
(billed annually)

All our plans includes:

  • High quality audio lessons
  • Lesson summaries
  • Interactive questions
  • Learn & Earn
  • Flashcards
  • Lesson transcripts
  • Learning community