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Suppose that the vast majority of 3/4 ton pick-up trucks in America are produced by companies A, B, C, and D and that they all sell for a similar price. If company A suddenly decides to reduce price substantially,
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Suppose that the vast majority of 3/4 ton pick-up trucks in America are produced by companies A, B, C, and D and that they all sell for a similar price. If company A suddenly decides to reduce price substantially, what should company A expect?

User Bernard Borg
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An increase in demand due to the more appealing price for consumers.
User Petar
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