Which of the following businesses is most likely to use rate-of-return pricing?
A)A grocery wholesaler
B)A glass manufacturer
C)An independently owned clothing retailer
D)A construction company

Question

Quizplus · Accepted Answer

Rate-of-return pricing is most commonly used in businesses that have high startup costs and long-term investment, such as a glass manufacturer where a high volume of resources and technology is used. Grocery wholesalers, clothing retailers, and construction companies usually use other pricing strategies such as markup pricing or value-based pricing.

Which of the Following Businesses Is Most Likely to Use