Which type of pricing includes all costs, both fixed and variable, and a profit percentage is added on?
A) Demand Pricing
B) Competitive Pricing
C) Markup Pricing
D) Cost-Plus Pricing

Question

Quizplus · Accepted Answer

Cost-Plus Pricing involves calculating the total cost of producing a product (including both fixed and variable costs) and then adding a profit margin to determine the selling price.

Which Type of Pricing Includes All Costs, Both Fixed and Variable