A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downturn.The company is likely to:

Question

Quizplus · Accepted Answer

During an economic downturn, with excess capacity, the company is likely to offer rebates and incentives to stimulate demand and increase sales, rather than raising prices or being vulnerable to new entrants.

A Manufacturer of Washing Machines Has Expanded Its Plant and Created