Average-cost pricing is a method for determining the price of an offering by adding a standardized markup on top of the costs for the offering.

Answer the following statement true (T) or false (F)


False

The pricing method that adds a standardized markup on top of the costs for an offering is known as cost-plus pricing or markup on cost. Average-cost pricing rather identifies total costs associated with an offering and determines an average cost based on a desired profit margin and a prediction of demand for the offering.

Business

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Which one of the following statements is FALSE concerning a job objective?

a. A job objective helps the interviewer determine if what you have to offer matches the job the company has to offer. b. A job objective should be specific to one job. c. Some experts say that a job objective may limit your job opportunities. d. A job objective should reveal your career goal.

Business

Define technology. How does it affect marketing?

What will be an ideal response?

Business

Common stock can be either privately owned by private investors or publicly owned by public investors

Indicate whether the statement is true or false

Business

Which of the following best describes the amount of time you have to make an impression during a pitch session

a. People will allow you at least a minute before deciding if they want to hear more. b. People will listen to your entire pitch before forming an opinion. c. You will have between 7 and 20 seconds to create a good impression. d. You will have one tenth of a second.

Business