The simplest pricing method is ________.
A)value-based pricing
B)going-rate and sealed-bid pricing
C)cost-plus pricing
D)breakeven analysis
E)target return pricing

Question

Quizplus · Accepted Answer

Cost-plus pricing is the simplest method where the cost of producing the product or providing the service is calculated, and a markup or profit is added to it to determine the final price. This pricing method does not require extensive market research or analysis of competitors' pricing strategies.

The Simplest Pricing Method Is ________