In video cassette recorders (VCRs) ,Matsushita's VHS format won against Sony's Betamax format because:
A) VHS was technically superior to Betamax
B) VHS VCRs were cheaper than Betamax VCRs
C) Matsushita's licensing of its VHS format to other manufacturers of VCRs led to its gaining a lead in market share
D) Sony entered the market too early
Correct Answer:
Verified
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