How Can Setting the Price for Pickled Peppers Too High

question 14

Multiple Choice

How can setting the price for pickled peppers too high yield profits that are lower than the maximum?

• A) The high price will cause the convenience goods to become shopping goods.
• B) The high price will hurt the company's reputation, so the product will decline.
• C) The high price will generate a large profit per jar, but too few jars will be sold.
• D) Customers will insist on paying a lower price, resulting in less income.
• E) The high price will cause expenses to rise, reducing profits.

---

Definitions:

Pure Comparative Negligence

A legal doctrine that allows for the plaintiff in a negligence case to recover damages even if they are partially at fault, with the compensation reduced by their percentage of fault.

Fault Percentage

A determination in legal cases, particularly in torts and personal injury, where responsibility or liability is divided among parties based on their contribution to the fault.

Plaintiff's Damages

Financial compensation sought by a plaintiff in a lawsuit from the defendant for loss or injury suffered.

Negligence in Itself

refers to a doctrine whereby an act is considered inherently negligent because it violates a statute or regulation, thereby causing harm that the statute was intended to prevent.