Explain the consequences if bbg begins selling the hats

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Question: HH Hats is a small company in southern Ontario which sells sports hats ranging in price from $ 15.00 to $50.00. BBG is a large US retail chain which has just come into southern Ontario. Because it is a US company it can manufacture sports hats just like those sold by HH Hats and sell them for about $ 5.00 less. Providing your reasons, explain the consequences if BBG begins selling the hats and HH Hats ends up having to close down

Reference no: EM133338316

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