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Ratling [72]
3 years ago
8

when rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of:

Business
1 answer:
Kryger [21]3 years ago
5 0

Answer:

Slow industry growth

Explanation:

Slow industry growth is the growth that shows the industry at a slow rate or no growth is there.

It could arise when the consumer does not opt for a high demand

In the given situation, it is mentioned that when competitive firms aggressively trying to attract the customers of competitors so this is an indication of the slow economic growth and hence, the same is to be considered

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