Which of the Following Statements Is Most Likely to Be

question 49

Multiple Choice

Which of the following statements is most likely to be made by a manager with a status quo pricing objective?

• A)"A price of $10.00 will penetrate the market."
• B)"A price of $10.00 will not start a price war with our competitors."
• C)"A price of $10.00 should maximize profits."
• D)"A price of $10.00 will provide a 30 percent return on investment."
• E)"A price of $10.00 should result in a 9 percent increase in sales."

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