
Why do manufacturers of products that are in the maturity stage of the product life cycle prefer to offer similar prices?
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Q39: Profit-oriented pricing objectives include:
A)target return on investment.
B)target
Q40: What happens when demand is elastic?
A)As price
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Q45: When the price of a product is
Q46: When consumer demandis sensitive to price changes,_
Q47: _costs do not change as output is
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