MCQOPTIONS
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| 1. |
Which one of the following is not a reason for adopting penetration price strategy |
| A. | Product has high price elasticity in the initial stage. |
| B. | The product is accepted by large number of customers. |
| C. | Economies of large scale production available to firm |
| D. | When the buyers are not able to compare the value and utility |
| Answer» E. | |