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Business, 20.06.2020 21:57 makaylahendrix8808

QFresh, a brand for energy drinks launched a healthy lime based drink without preservatives. Immediately after this another brand, Fast Fizz, which manufactures energy drinks, also announced the launch of a new refreshing drink without preservatives. Then Ignite, a third brand of energy drinks, reduced the price of its apple based drink. Which of the following is most likely to happen in this oligopolistic market set up? A. Fast Fizz and Ignite will collaborate against QFresh.
B. QFresh and Fast Fizz will reduce the prices of their respective drinks.
C. QFresh will link up with Ignite to launch a completely new product.
D. QFresh will have an increased domestic consumption.
E. Fast Fizz will launch another new drink.

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