Question: If a redesigned Toyota Corolla model performs well, it could hurt the sales of the Toyota Camry model because some people would buy Corolla instead

If a redesigned Toyota Corolla model performs well, it could hurt the sales of the Toyota Camry model because some people would buy Corolla instead of Camry. This phenomenon is an example of ________.

Question 21 options:

A)

Financing costs

B)

Sunk costs

C)

Opportunity costs

D)

Cannibalization

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