Multiple Choice
Thompson Pool and Patio is known for quality pool installations,excellent customer service,and reasonable prices.If you want to have a Thompson pool,you will have to wait about six months due to demand for their product.While Thompson could probably price its product higher,given the demand,they don't.Instead,the company sets its price so that it will earn a reasonable level of profits.Thompson seems to base its pricing policy on:
A) profit maximization.
B) earning satisfactory profits.
C) creating retained earnings.
D) making the most money as possible.
E) decreasing consumer demand.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Pet's Eye View Digital Camera is a
Q22: During the hot summer months or the
Q35: Total variable costs divided by quantity of
Q38: Ceylon Express sells bottled pasteurized tea to
Q43: American Girl Doll<br>The American Girl catalog began
Q45: When the price of a product is
Q92: The price of the good or service
Q94: Central Bark is a dog resort where
Q154: In most communities,the price of gas is
Q174: The difference between the retailer's cost and