Multiple Choice
Which of the following statements would be most likely to be made by a manager with a status quo pricing objective?
A) "A price of $10.00 will penetrate the market."
B) "A price of $10.00 will not start a price war with our competitors."
C) "A price of $10.00 should maximize profits."
D) "A price of $10.00 will provide a 30% return on investment."
E) "A price of $10.00 should result in a 9% increase in sales."
Correct Answer:

Verified
Correct Answer:
Verified
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