Which of the following statements about a profit-maximization pricing goal is True?
A) A profit maximization goal should never be attempted when a company is trying to market in a new geographic area.
B) A profit maximization goal should maximize profit on every single item.
C) Public opinion seldom has any effect on profit-maximization goals.
D) To provide efficient results, a profit maximization goal should be pursued for only a short while.
E) According to economic theory and to business practices, there is nothing wrong with a profit maximization goal.
Correct Answer:
Verified
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