XYZ Industries is in a business in which competition demands little variance in pricing so it prices its products to stay at the same level of business it has enjoyed in order to maintain price stability. This is known as
A. status-quo pricing.
B. target return on investment pricing.
C. profit maximization.
D. ground floor pricing.
Answer: A
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Answer the following statement true (T) or false (F)
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Fill in the blank(s) with the appropriate word(s).
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