Multiple Choice
Liquiction Pool and Patio Inc.is a company known for its quality pool installations,excellent customer service,and reasonable prices.Given the demand,Liquiction could price its products higher,but it prefers to price its products such that it will earn a reasonable level of profits.Liquiction seems to base its pricing policy on:
A) profit maximization.
B) earning satisfactory profits.
C) creating retained earnings.
D) maintaining a status quo pricing.
Correct Answer:
Verified
Correct Answer:
Verified
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