Which of the following is not cited as a reason for a firm to pursue a group pricing strategy?
A)To minimize its total costs of production.
B)To increase its total profit.
C)To attract and lock in additional customers.
D)To create network externalities.

Question

Quizplus · Accepted Answer

Group pricing strategies are typically used to attract more customers, increase total profit, and create network externalities, rather than to minimize production costs.

Which of the Following Is Not Cited as a Reason