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16 19 31 O Price-level guarantees O None of the above. QUESTION 31 A manufacturer spends a large amount of money on research and development leading to the introduction of a product that is likely to d Target return. The manufacturer prices the product with the goal of achieving a 20 percent return D Profit maximization. Nonprice competition. Dollar or unit sales growth. QUESTION 32
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By introducing new product in the market, manufacturer is trying to have monopoly of product and can command non price comptetion.

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