What type of a market did fountain plus inc

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Question: Fountain plus Inc., a manufacturer of bottled water products, has had rapid growth in sales of one of its flavored water products, Xtrafresh , for which it has a patent, which expired recently. It now faces fierce competition from many other existing bottled water products manufacturers in the case of Xtrafresh. A. As a manufacturer competing in the market for bottled water products, what type of a market did Fountain Plus Inc. complete in before and after the patent expired? Explain. B. what two possible outcomes do you see for this company no w that it patent on Extrafresh has expired?

 

 

Reference no: EM133454312

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