When the value of the dollar is weak relative to the buyer's currency,companies generally employ __________ pricing.

Question

Quizplus · Accepted Answer

When the value of the dollar is weak relative to the buyer's currency, companies generally employ cost-plus pricing. This is because when the value of the dollar is weak, the cost of goods and services may increase for the company, and in order to maintain profit margins, they may need to adjust their prices accordingly. Cost-plus pricing involves setting a price based on the cost of producing the product plus a markup to ensure a profit.

When the Value of the Dollar Is Weak Relative to the Buyer's