According to Your Text, What Is an Advantage Associated with a Flexible

question 142

Multiple Choice

According to your text, what is an advantage associated with a flexible pricing policy?

• A)It causes inconsistent profit margins.
• B)It enables a seller to close a sale with a price-conscious customer.
• C)It enables salespeople to automatically lower the price to make a sale.
• D)It can spark a price war with competitors.

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Definitions:

Maintenance

The act of keeping an asset in good condition through regular check-ups and repairs to ensure its proper function and prolong its life.

Straight-Line Method

A method of calculating the depreciation of an asset, which allocates an equal amount of depreciation each year over its useful life.

Residual Value

The estimated amount that an asset is expected to realize upon its disposal at the end of its useful life.