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There Are Many Reasons Why a Firm Might Consider Cutting

Question 117

Multiple Choice

There are many reasons why a firm might consider cutting its price.All of the following are among them EXCEPT ________.


A) excess capacity
B) falling demand in the face of strong price competition
C) a drive to dominate the market through lower costs
D) a drive to reduce market share
E) a drive to gain market share and cut costs through volume

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