Question
A pricing objective of increasing sales can have the disadvantage of leading to price cuts that may Blank______.
Multiple choice question.
increase the market share of competitors
encourage other firms to enter the market
create new pricing constraints
reduce the revenues of other products in the firm's line
Multiple choice question.
increase the market share of competitors
encourage other firms to enter the market
create new pricing constraints
reduce the revenues of other products in the firm's line
Answers
GPT-4o mini
The best answer to fill in the blank is:
**reduce the revenues of other products in the firm's line.**
This is because aggressive pricing aimed at increasing sales can lead to lower prices across a product line, potentially impacting overall revenue and profitability.
**reduce the revenues of other products in the firm's line.**
This is because aggressive pricing aimed at increasing sales can lead to lower prices across a product line, potentially impacting overall revenue and profitability.