Solved

There Are Many Reasons Why a Firm Might Consider Cutting

Question 8

Multiple Choice

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


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions