For the success of the penetration price policy which one of the following is not desirable nbs...........

Miscellaneous Others

For the success of the penetration price policy, which one of the following is not desirable ? (2 marks)

Short-run demand for the product to have elasticity greater than unity.

Availability of economies of large scale production.

Product to have very low cross-elasticity of demand.

Easy acceptance and adoption of the product by the consumers.

Availability of economies of large scale production.

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