When a seller's costs are usually determined during or after a product is made and then a specified percentage or dollar amount is added to the cost to establish a price, an organization is using ____ pricing.
A)markup
B)demand-based
C)differential
D)cost-plus
E)expensed-based

Question

Quizplus · Accepted Answer

Cost-plus pricing involves determining the production costs for a product and then adding a specified amount or percentage as profit to achieve the selling price.

When a Seller's Costs Are Usually Determined During or After