Which of the Following Statements Describes a Problem with Demand-Based

question 40

Multiple Choice

Which of the following statements describes a problem with demand-based pricing for services?

• A) Prices may not reflect customer value
• B) Costs are difficult to trace
• C) Heterogeneity of services limits comparability
• D) Monetary price must be adjusted to reflect the value of non-monetary costs
• E) Labor is more difficult to price than materials

---

Definitions:

Memory Trace

A theoretical concept referring to the physical change in the brain that represents a storage of knowledge.

Gradual Loss

A slow diminution or decline in value, quality, or quantity over time.

Anterograde Amnesia

A condition where a person is unable to form new memories after the event that caused the amnesia, although long-term memories from before the event remain intact.

New Memories

The formation and storing of information and experiences that can be recalled at a later time, a fundamental process in learning.