Sales maximisation theory
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This document contains 5 questions about sales maximization theory and related economic concepts: 1) It asks to explain the term "sales maximization"; 2) How sales are related to market power and market share; 3) Why rational choice theory is sometimes considered unrealistic; 4) To explain the cost plus pricing strategy; 5) Find an example of a company delisting and why they would do so.
Sales maximisation theory
- 1. ECON3 WWW.AQUINASECONOMICSA2.CO.UK @AQUINASECONOMIC Sales Maximisation Theory Answer all the questions below 1. Explain the term Sales Maximisation 2. How are sales related to terms such as Market Power and Market Share? 3. Why is the ‘rational choice theory’ sometimes considered unrealistic? 4. Explain the pricing strategy known as Cost Plus Pricing 5. Find an example of a company delisting and explain why they would do such a thing