Which of the following firms is most likely to use cost-plus pricing?
A) A firm that makes one product.
B) A firm that sells one product and has a sizable research and development budget.
C) A firm that makes several products and has a sizable research and development budget, the cost of which cannot be easily assigned to each product.
D) A firm that makes many products but has a small research and development budget, the cost of which can be easily assigned to the different product lines.
Correct Answer:
Verified
Q220: When firms price their products by adding
Q221: Figure 16-6 Q222: Figure 16-6 Q223: Figure 16-6 Q224: Even though it often does not result Q226: Cost-plus pricing may be a reasonable way Q227: Some firms require consumers to pay an Q228: Though large firms have the knowledge and Q229: Cost-plus pricing would be consistent with selecting Q230: Cost-plus pricing typically does not result in Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
