The company designs what it considers to be a good product, totals the expenses of making the product, and sets a price that adds a standard mark-up to the cost of the product.This approach to pricing is called ________ pricing.
value-based
fixed cost
cost-plus
variable
skimming

Question

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The Answer of The company designs what it considers to be a good product, totals the expenses of making the product, and sets a price that adds a standard mark-up to the cost of the product.This approach to pricing is called ________ pricing.
value-based
fixed cost
cost-plus
variable
skimming

The Company Designs What It Considers to Be a Good