Which of the Following Best Explains Market-Based Pricing

Multiple Choice

Which of the following best explains market-based pricing? 

A)  A particular profit margin is added to some costs, including the cost of sales. 
B)  The price of the product is determined by the market and is generated exclusively by market circumstances. 
C)  A fixed percentage mark-up is added to the cost price. 
D)  A 5% profit margin is added to the cost of sales.