Fresnas Designs Inc.is a company known for its quality interior decorations,customized service,and affordable prices.Given the high demand for its service,Fresnas' management could price its products higher,but it prefers to price its products such that it will earn a reasonable revenue.Fresnas bases its pricing policy on _____.
A) sales maximization
B) earning satisfactory profits
C) creating retained earnings
D) status quo pricing

Question

Quizplus · Accepted Answer

Fresnas Designs Inc. prefers to price its products to earn reasonable revenue, indicating a focus on earning satisfactory profits rather than maximizing sales or maintaining current prices.