For which of the following products is the producer most likely to use cost-plus pricing?
A) A landscaping project of a five-acre public park
B) A kite bought at a souvenir shop
C) A first edition novel that is valued at $125
D) A state-of-the-art home entertainment system

Question

Quizplus · Accepted Answer

Cost-plus pricing is most often used to describe the pricing of jobs that are nonroutine and difficult to "cost" in advance, such as construction and military weapon development. Retailers selling souvenir items, books, or home entertainment systems are most likely to use markup pricing.

For Which of the Following Products Is the Producer Most