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MARKETING MANAGEMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMMARKETING MANAGEMENT1 Mark
MCQ
A producer can determine his price keeping maximum profit when
  • A
    There is no competition in the market
  • B
    He has spent heavily in the research and development of the product
  • C
    He aims to earn maximum return
  • ✓
    Both $(A)$ and $(B)$
✓

Answer

Correct option: D.
Both $(A)$ and $(B)$

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