Final answer:
A firm is likely to respond to an attack by a competitor in all of the following situations except when the attack improves the competitor's market position.
Step-by-step explanation:
A firm is likely to respond to an attack by a competitor in all of the following situations except:
- The attack improves the competitor's market position. When a firm is attacked by a competitor, it is expected to respond in order to protect its market position and maintain its competitive advantage. This includes situations where the attack is by a price predator, when the attack makes the firm's market position less defensible, and when the attack damages the firm's ability to use its capabilities.