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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Which one of the following measures the amount of systematic risk present in a particular risky asset relative to the systematic risk present in an average risky asset?
A. beta B. reward-to-risk ratio C. risk ratio D. standard deviation E. price-earnings ratio
An agreement that requires selling shareholders to sell their shares to the other shareholders or to the corporation at the price specified in the agreement is referred to as a ________
A) preemptive sale B) right of first refusal C) buy-and-sell agreement D) shareholder voting agreement