Which of the following types of pricing considers neither what the buyer would be willing to pay for product performance nor the pricing of competitive products in the market?
A)cost-based pricing
B)perceived-value pricing
C)customerization-based pricing
D)value-in-use pricing
E)performance-based pricing

Question

Quizplus · Accepted Answer

Cost-based pricing is determined solely by the cost of production, without any consideration for buyer willingness to pay or competitive pricing in the market.

Which of the Following Types of Pricing Considers Neither What