Break- even pricing,or a variation called _ ,is when the firm tries to determine the price at which it will break even or make the profit it is seeking.
A)competition- based pricing
B)fixed cost pricing
C)target return pricing
D)customer- based pricing
E)value- based pricing

Question

Quizplus · Accepted Answer

The given definition matches with the concept of target return pricing, where the firm aims to determine the price at which it can break even or achieve the desired profit. Option A, competition-based pricing, is when the company sets the price based on competitors' prices. Fixed cost pricing (Option B) is when the price is set to cover the fixed costs of the product or service. Customer-based pricing (Option D) is when the price is set based on the perceived value by the customer. Value-based pricing (Option E) is when the price is set based on the perceived value of the product or service to the customer rather than production cost.

Break- Even Pricing,or a Variation Called _ ,Is When the Firm