Short-Run or Long-Run Pricing Objectives of Achieving a Specified Return

question 142

Multiple Choice

Short-run or long-run pricing objectives of achieving a specified return on either sales or investment are known as _____ objectives.

• A)prestige
• B)volume
• C)target-return
• D)market-share

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Definitions:

CCA Class

A category within the Capital Cost Allowance system in Canada for tax depreciation of assets.

Lease

A contractual arrangement whereby a lessor allows a lessee to use an asset in return for periodic payments for a specified period of time.

CCA Class

A category under the Canadian tax system that determines the depreciation rate for tax purposes on capital assets.

Net Advantage

The benefit or gain that results from a specific course of action, minus any associated costs.