Question:
Identify the advantage of penetration pricing to the firm:
Identify the advantage of penetration pricing to the firm:
Updated On: Apr 17, 2024
- Simplest method to decide the price for a product
- Helps in recovering the research and development costs
- Promotes the entry for competitors
- Result in fast diffusion and adoption
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The Correct Option is D
Solution and Explanation
The correct option is(D): Result in fast diffusion and adoption
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