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Degnet Sorsa
on Nov 22, 2024

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Your Internet provider offers the lowest price in town for Internet service if you sign a two-year contract; however, the low price offer only lasts the first year. Which pricing strategy is the Internet company using to attract customers?

A) revenue maximization
B) volume maximization
C) product maximization
D) profit maximization
E) business maximization

Profit Maximization

The process or strategy of adjusting the production and sale of goods or services to achieve the highest possible profit.

  • Distinguish between diverse pricing approaches and their effects.
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TATTHEP PRATAPSILPNov 27, 2024
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