• 2022-05-27
    Which of the following statements are correct?( )
    A: Price cannot be flexible in the short term.
    B: An organisation may adjust its prices at various times of the year to stimulate demand and generate cash flow.
    C: The unit cost of production of a product may decrease as production quantity of it increases.
    D: A product's price may be set low initially in order to penetrate a market.