A market-penetration pricing policy should LEAST likely be used for a new product when ________

A) the market is highly price sensitive
B) production and distribution costs fall as sales volume increases
C) the product's quality and image support a high price
D) a high price helps keep out the competition
E) there are few or no competitors in the market

C

Business

You might also like to view...

If Mills agreed to sell Boothe a used Nissan automobile, which in the contract was described as a 2012 Nissan Murano with a rebuilt transmission, Boothe could sue for ________ if the vehicle turned out to be a 2010 Murano and the transmission was used, not rebuilt.

A) rescission B) compensation C) breach of contract D) damages E) the tort of deceit

Business

The Nixon speechwriter who viewed the role of the press secretary as a two-way interpreter-advocate was ________

A) Larry Speakes B) Jody Powell C) William Safire D) Marlin Fitzwater

Business