All of the following are cost-oriented approaches to select an approximate price level EXCEPT:
A)cost-plus fixed fee pricing.
B)standard markup.
C)yield management.
D)experience curve.
E)cost-plus percentage-of-cost pricing.

Question

Quizplus · Accepted Answer

Yield management is a demand-oriented approach to pricing, based on adjusting prices based on consumer demand and other factors that affect demand. The other options listed are cost-oriented approaches to pricing.

All of the Following Are Cost-Oriented Approaches to Select an Approximate