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What is the pricing approach that aims to maximize current profits, cash flow, or the rate of return on investment?
  • a)
    Market Skimming
  • b)
    Market Penetration
  • c)
    Profit Maximization
  • d)
    Satisfactory Rate of Return
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the pricing approach that aims to maximize current profits, ca...
The pricing approach that aims to maximize current profits, cash flow, or the rate of return on investment is Profit Maximization. This approach focuses on selecting the price at which marginal revenue equals marginal cost.
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What is the pricing approach that aims to maximize current profits, cash flow, or the rate of return on investment?a)Market Skimmingb)Market Penetrationc)Profit Maximizationd)Satisfactory Rate of ReturnCorrect answer is option 'C'. Can you explain this answer?
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