If General Motors Determines That It Wants to Sell 200,000

question 157

Multiple Choice

If General Motors determines that it wants to sell 200,000 Chevrolet Acadias and sets the price at $29,500. The firm knows that at that price it will achieve its goal. Therefore, the firm would be using a pricing method.

• A) cost-plus
• B) competition-based
• C) psychological
• D) comparison
• E) demand-based

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