cost-oriented approaches to pricing,a price setter stresses the __________ side of the pricing problem,not the __________ side.
A) cost; revenue
B) cost; demand
C) cost; profit
D) cost; supply
E) cost; service

Question

Quizplus · Accepted Answer

Cost-oriented approaches to pricing focus on covering costs and achieving a desired profit margin, emphasizing the cost side rather than the demand side, which considers consumer willingness to pay.

Cost-Oriented Approaches to Pricing,a Price Setter Stresses the __________ Side