In which type of pricing is the selling price based on an estimate of volume or quantity a firm can sell in different markets at different prices?
A)capacity management
B)target costing
C)demand-based
D)penetration
E)distribution-based

Question

Quizplus · Accepted Answer

This type of pricing is known as demand-based pricing, where the selling price is determined by estimating the demand for a product in different markets at different prices. The firm analyzes the market and sets the price accordingly to maximize profits.

In Which Type of Pricing Is the Selling Price Based