A market-penetration pricing strategy is most suitable when _______
A) a low price slows down market growth
B) production and distribution costs fall with accumulated production experience
C) a high price dissuades potential competitors from entering the market
D) the market is characterized by inelastic demand
E) a low price encourages actual competition
B
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The Snow Globe Emporium sells snow globes. The forecasted first quarter sales volume for the Emporium is shown in the top row of the table. The Emporium buys the snow globes from a distributor for $5 and sells them for $8
All purchases are made on credit one month in advance of sales and are paid for the month following the purchase. What are the Snow Globe Emporium's purchases (in dollars) for March? Sales and Purchase Forecast The Snow Globe Emporium January February March April Sales Forecast (units) 2,000 3,000 3,800 4,700 Purchases from Suppliers ($) Payments to Suppliers A) $19,000 B) $22,800 C) $23,500 D) $24,000 E) $30,400
If Marguarite promises to pay Neal $300 not to defame her, the promise is unenforceable because tort law imposes a preexisting obligation on Neal to refrain from such an act
a. True b. False Indicate whether the statement is true or false