Which of the Following Statements Is False

question 76

Multiple Choice

Which of the following statements is false?

• A) The median age for marriage for men and women is in their 20s.
• B) The majority of people who divorce do not remarry.
• C) Ninety percent of all Americans marry at least once.
• D) The number of stepfamilies is growing.

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Definitions:

Target Profit Pricing

Setting an annual target of a specific dollar volume of profit.

Target Profit Pricing

A pricing strategy where the selling price is determined by adding a desired profit to the cost of the product.

Target Profit Pricing

A pricing strategy where the price is set based on a desired level of profit over the costs of production and marketing.

Experience-curve Pricing

A pricing strategy based on the concept that unit production costs decline by a fixed percentage each time production experience doubles.