Value-Mart has achieved the status of overall low-cost producer in its industry, which means that Value-Mart ________.
A) can strongly defend its market position in the event of a price war
B) will earn the largest profits of any company in the industry
C) makes the most appealing product in its industry
D) can block the entry of new firms into the industry
Answer: A) can strongly defend its market position in the event of a price war
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