Thompson Pool and Patio Is Known for Quality Pool Installations,excellent

question 40

Multiple Choice

Thompson Pool and Patio is known for quality pool installations,excellent customer service,and reasonable prices.If you want to have a Thompson pool,you will have to wait about six months due to demand for their product.While Thompson could probably price its product higher,given the demand,they don't.Instead,the company sets its price so that it will earn a reasonable level of profits.Thompson seems to base its pricing policy on:

• A) profit maximization.
• B) earning satisfactory profits.
• C) creating retained earnings.
• D) making the most money as possible.
• E) decreasing consumer demand.

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Definitions:

Bluetooth Connectivity

A wireless technology standard for exchanging data over short distances between fixed and mobile devices, creating personal area networks.

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A low-power state for electronic devices where functions are suspended to save energy, but can quickly resume to full operation when needed.