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The Company Designs What It Considers to Be a Good

Question 159

Multiple Choice

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.


A) value-based
B) fixed cost
C) cost-plus
D) variable
E) skimming

Correct Answer:

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