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Q. |
Which one of the following is not a reason for adopting penetration price strategy |
A. | Product has high price elasticity in the initial stage. |
B. | The product is accepted by large number of customers. |
C. | Economies of large scale production available to firm |
D. | When the buyers are not able to compare the value and utility |
Answer» D. When the buyers are not able to compare the value and utility |
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