The Ford Motor Company and the Model T dominated the auto industry from 1908 through the mid 1920s. Ford lost its dominance, however, in the mid-1920s because
A) competitors such as General Motors offered consumers more choices in colors and styles.
B) the Model T could not travel as fast as other cars on new and improved roads.
C) competitors such as General Motors sold similar cars for far less money.
D) the Model Ts broke down easily and were often difficult to repair.

Respuesta :

The answer is A, because Henry Ford only made one kind of car and it was black.

Ford lost its dominance because competitors such as General Motors offered consumers more choices in colors and styles.

How competitors influence the market?

Competition in the market is mostly arises if there are a large number of sellers present in the industry.

The competitors influence the market demand by offering good quality and by distinguish their products to make it unique in comparison to the another companies.

Competitors may also influence the market demand of any product by decrease in the prices.

In the given case, General Motors offered consumers more choices in colors and styles, so the demand for the Ford motor decreases, and it lost its dominance from 1908 to 1920s.

Therefore, option A is correct.

Learn more about the competitors, refer to:

https://brainly.com/question/1602390