Asked by giannah alessandra on Apr 25, 2024
Verified
Cost ________ pricing is one of the most commonly used pricing tactics, largely because it is easy, but it is not very effective at maximizing profits.
Cost Plus Pricing
A pricing strategy where a fixed percentage or amount is added to the cost of producing a product to determine its sale price.
- Learn the critical concepts and strategies that inform various pricing formats.
- Acquire knowledge of how costs influence pricing tactics and the logic behind adjustments in prices.
Verified Answer
SK
Learning Objectives
- Learn the critical concepts and strategies that inform various pricing formats.
- Acquire knowledge of how costs influence pricing tactics and the logic behind adjustments in prices.
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