MCQOPTIONS
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| 1. |
In market-penetration pricing, the company’s objective is to ________, believing that higher sales volume will lead to lower unit costs and higher long-run profits. |
| A. | Block competitive launches |
| B. | Maximize their market share |
| C. | Minimize their market share |
| D. | Maximize volume |
| Answer» C. Minimize their market share | |