A selling firm tends to seek the highest price that is compatible with its long-range goals.

Name: A selling firm tends to seek the highest price that is compatible with its long-range goals.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A selling firm typically aims to maximize profits and achieve long-term goals, which often involves seeking the highest possible price for their products or services without alienating their target market. Therefore, the statement is true.

A Selling Firm Tends to Seek the Highest Price That