1985EconomicsMedium
The primary reason that many companies work to become the low cost producers in their industry is because?
Athey can set lower prices that that result in greater sales and profits
Bthey can please top management
Cthey can gain tax advantages
Dthey can generate more advertising
Correct answer
A. they can set lower prices that that result in greater sales and profits
Explanation
The correct answer is they can set lower prices that that result in greater sales and profits.