Business

Business, 01.08.2019 03:10, Mikec123

If a firm prices low worldwide in an attempt to build global sales volume as rapidly as possible, even it this means taking large losses initially, what kind of strategy is it pursuing?

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History, 18.08.2019 13:20, lex3340

Owners of firms understand that lower prices will attract more customers. why can firms not always reduce prices until they increase sales and profits? a. consumers do not always like low prices. b. if marginal production costs exceed marginal revenues, the firm will suffer losses, not profits. c. if opportunity cost for the consumers exceeds the firm's production costs, there can be no profit. d. owners will never reduce prices even when it means increased profits.

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Business, 21.08.2019 16:10, madi2878

If a firm prices low worldwide in an attempt to build global sales volume as rapidly as possible, even it this means taking large losses initially, what kind of strategy is it pursuing?

Answers: 1

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Social Studies, 03.11.2019 01:31, Seaport

Owners of firms understand that lower prices will attract more customers. why can firms not always reduce prices until they increase sales and profits? a. consumers do not always like low prices. b. if marginal production costs exceed marginal revenues, the firm will suffer losses, not profits. c. if opportunity cost for the consumers exceeds the firm's production costs, there can be no profit. d. owners will never reduce prices even when it means increased profits.

Answers: 2

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