A firm would likely pursue penetration pricing when
A. the whole demand curve is fairly elastic.
B. supply is limited.
C. economies of scale are nonexistent.
D. it expects zero competition.
E. the elite market is substantial.
Answer: A
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Fill in the blank(s) with correct word
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false
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A. Risk taking B. Autonomy C. Competitive aggressiveness D. Proactiveness