
Profit is equal to the price charged to customers multiplied by the number of units sold.
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Q1: Yield management systems can only be used
Q2: Variable costs vary with changes in the
Q3: Maximization of cash should be a long-term
Q6: A marketer using a profit maximization strategy
Q7: Target return on investment (ROI)is the most
Q8: Costs that do not change as output
Q12: If the formula for elasticity results in
Q14: Yield management systems (YMS)were first used by
Q15: Sales-oriented pricing objectives are either based on
Q17: If the formula for elasticity results in
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