penetration pricing policy is MOST LIKELY to be effective when
A) lowering the price has only a minor effect on increasing sales volume and reducing unit costs.
B) the high initial prices do not attract competitors.
C) a low initial price discourages competitors from entering the market.
D) customers interpret high price as signifying high quality.
E) customers are willing to buy immediately at the high initial price.
Correct Answer:
Verified
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