Which of the Following Is True of Price Determination in Economic

Multiple Choice

Which of the following is true of price determination in economic theory?

A) It suggests a way of determining prices that assumes a sales-maximization objective.
B) It attempts to derive correct equilibrium prices in the marketplace by comparing supply and demand.
C) It attempts to maximize the market share of an organization.
D) It suggests a way of determining prices that assumes a market-share expansion objective.