Cost-plus pricing refers to
A) summing the total unit cost of providing a product or service and adding a specific amount to the cost to arrive at the price.
B) setting the price of a line of products at a number of different price points.
C) adding a fixed percentage to the cost of all items in a specific product class.
D) setting prices to achieve a profit that is a specified percentage of the sales volume.
E) increasing the price slightly to protect against undue profit losses from unforeseen environmental forces.
Correct Answer:
Verified
Q79: Yield management pricing refers to
A) controlling the
Q80: Airlines, hotels, and car rental firms all
Q81: Standard markup pricing is considered to be
Q82: A pricing method where a supplier is
Q83: Supermarket managers use standard markup pricing because
Q85: Standard markup pricing refers to
A) adjusting the
Q86: Which of these businesses is most likely
Q87: Which of these is a cost-oriented approach
Q88: It costs Lady Marion Seafood, Inc., $30
Q89: The Brazilian government wants to build a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents