Which of the following is a variation of cost-oriented pricing?
A)Odd-even pricing
B)Bundle pricing
C)Rate-of-return pricing
D)Prestige pricing

Question

Quizplus · Accepted Answer

Rate-of-return pricing is a variation of cost-oriented pricing that involves determining the cost of producing and selling a product, including a predetermined profit margin, to arrive at the final selling price. Odd-even pricing involves setting prices that end in odd or even numbers to appeal to customers' psychological tendencies, while bundle pricing involves offering discounts when multiple products are purchased together. Prestige pricing involves setting prices high to convey a sense of luxury and exclusivity.

Which of the Following Is a Variation of Cost-Oriented Pricing