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 markup to the cost of the product. This approach to pricing is called ________

A) penetration pricing
B) fixed cost pricing
C) cost-plus pricing
D) variable pricing
E) skimming pricing


C

Business

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Under which of the following options does the Fed offer reserves to banks through a competitive auction process?

A. Term deposit facility B. Discount lending C. Quantitative easing D. Safety vault facility

Business

The first buyers of an innovation in industrial marketing situations are known as:

A) early adopters. B) lead users. C) early majority. D) late majority.

Business

All of the following involve a temporary difference for purposes of income tax allocation except

A) ?interest on municipal bonds. B) ?gross profit on installment sales for tax purposes. C) ?MACRS depreciation for tax purposes and straight-line for accounting purposes. D) ?product warranty expenses.

Business

Which type of bankruptcy is a reorganization that can be used by individuals who meet certain requirements, such as having regular income and debts of $1 million or less?

a. Chapter 3 b. Chapter 5 c. Chapter 7 d. Chapter 11 e. Chapter 13

Business