
Which of the following is not an advantage of cost-plus pricing?
A) It is easy to calculate.
B) It requires little information.
C) If a firm is selling multiple products, it ensures that the firm's prices will cover costs that are difficult to assign to one product.
D) It ensures that the firm will maximize its profits.
Correct Answer:
Verified
Q198: If demand is taken into account, firms
Q199: Figure 16-5 Q200: Until the early 1980s, The Walt Disney Q201: Figure 16-5 Q202: When a firm charges $4.95 instead of Q204: If the selling price of a firm's Q205: Figure 16-5 Q206: Consider three pricing strategies that the firm Q207: Figure 16-5 Q208: Odd pricing became common in the late 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