According to lecture, with penetration pricing we will get a large share of the market quickly. This means that (i) our per unit production costs drop quickly and (ii) ________________________.
a.
our demand is inelastic.
b.
our customers care about prestige.
c.
our competitors will be encouraged to enter our market.
d.
with high volume of sales we will generate a good profit.
e.
Actually, all of these would apply
Answer: with high volume of sales we will generate a good profit.