Multiple Choice
Which of the following statements is true of cost-based pricing?
A) It determines the price by adding a fixed margin to the per-unit cost of a product.
B) It determines the price based on the amount consumers are willing to pay for a product.
C) It is seldom used in the real world.
D) It is more market-focused than demand-based pricing.
Correct Answer:
Verified
Correct Answer:
Verified
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