Question

Question Can the optimal price guarantee the positive profit? Why or why not? 04:31 eflect in ePortfolio Activity Details You have viewed this topic
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer:

NO, Optimal Price doesn't guarantees Positive profits rather it helps to select best pricing policy from various pricing policy.

Optimal Price guarantees either,

  • Maximum positive profits, or
  • Minimum Loss

What is Optimal Price:

  • "Optimal Price" refers to a level of price at which profit is maximized.
  • It is also known as "Profit Maximizing Price".
  • It can be calculated through various pricing strategies.

"If you have any Query, then please put it in the comment box."

Add a comment
Know the answer?
Add Answer to:
Question Can the optimal price guarantee the positive profit? Why or why not? 04:31 eflect in...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT