Which of the Following Is an Advantage of Using Cost-Based

question 88

Multiple Choice

Which of the following is an advantage of using cost-based pricing methods?

• A) They consider external factors such as competition.
• B) They include consideration of the effects of demand.
• C) They are relatively simple to calculate.
• D) They make accurate cost estimating a simple process.
• E) They take the product life cycle into consideration.