Solved

The Company Designs What It Considers to Be a Good

Question 25

Short Answer

The company designs what it considers to be a good product, totals the expenses of making the product, and sets a price that adds a standard mark-up to the cost of the product.This approach to pricing is called ________ pricing.
value-based
fixed cost
cost-plus
variable
skimming

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions