A market penetration pricing strategy is suitable when
A. | lower price encourages actual competition. |
B. | the demand of the product is inelastic. |
C. | the production and distribution costs fall with increasing production. |
D. | a high price discourages competitors from entering the market. |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |