The market share maximization pricing objective is appropriate when demand is inelastic

Refer to Exhibit 14-1. Assume that NOK8,000,000 of the cash flow in year 4 represents the salvage value. Baps is not completely certain that the salvage value will be this amount and wishes to determine the break-even salvage value, which is $____.

a. 510,088.04 b. 1,710,088 c. 1,040,000 d. none of the above

For radio and satellite broadcasting, amplitude, frequency, and phase modulation can all be used

Indicate whether the statement is true or false