Multiple Choice
If General Motors determines that it wants to sell 200,000 Chevrolet Acadias and sets the price at $29,500 because it knows that at that price it will reach that goal, the firm would be using a ____ pricing method.
A) cost-plus
B) competition-based
C) psychological
D) comparison
E) demand-based
Correct Answer:
Verified
Correct Answer:
Verified
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