Suppose Ford,GM and Dodge make the majority of pick-up trucks sold in the United States.If they all sell for approximately the same price,and Ford offers a $2000 rebate on new truck sales,what can Ford expect to see?
A) An unprecedented increase in truck sales.
B) An immediate response by GM and Dodge.
C) A visit from the antitrust authorities of the government.
D) A revolution from Ford stockholders.
E) Announcements by GM and Dodge that plans are underway to produce a much cheaper pick-up truck in six years.
Correct Answer:
Verified
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