Architectural firms that specialize in designing and constructing one-of-a-kind custom buildings such as the Rock and Roll Hall of Fame often use which pricing strategy?
A) cost-plus pricing
B) experience-curve pricing
C) standard markup pricing
D) yield management pricing
E) price lining

Question

Quizplus · Accepted Answer

Cost-plus pricing is often used by architectural firms for custom projects to ensure all costs are covered and a profit margin is achieved.

Architectural Firms That Specialize in Designing and Constructing One-Of-A-Kind Custom