Marnie Czeider sells homemade banana bread at a local flea market on Saturdays for $12 a loaf. She sells 100 loaves every Saturday. Czeider earns a 75 percent profit on each loaf she sells. What method of pricing is she using?

Question

Quizplus · Accepted Answer

Czeider is using cost-plus pricing, where she calculates her costs and then adds a markup percentage (in this case, a 75 percent profit) to determine the selling price.

Marnie Czeider Sells Homemade Banana Bread at a Local Flea