________ pricing involves setting prices based on the costs for producing,distributing,and selling the product plus a fair rate of return for the company's efforts and risks.
A)Value-based
B)Fixed cost
C)Cost-based
D)Variable cost
E)Cost-skimming

Question

Quizplus · Accepted Answer

Cost-based pricing involves setting prices based on the costs for producing, distributing, and selling the product plus a fair rate of return for the company's efforts and risks. This method of pricing is commonly used in manufacturing or production-based industries where the majority of the cost of the product is in production and distribution.

________ Pricing Involves Setting Prices Based on the Costs for Producing,distributing,and