When a wafer-producing company decreases the quantity of wafers in the packet but retains the volume of the original packet,the company is trying to increase its revenues through _____.
A)nonpersonal selling
B)prestige pricing
C)profitability objectives
D)volume objectives

Question

Quizplus · Accepted Answer

The company is reducing the quantity of product while maintaining the same price, which is a strategy to increase profitability by reducing costs per unit sold.

When a Wafer-Producing Company Decreases the Quantity of Wafers in the Packet