The Company Designs What It Considers to Be a Good

question 19

Multiple Choice

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)variable pricing
• B)value- based pricing
• C)cost- plus pricing
• D)skimming pricing
• E)fixed cost pricing

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Definitions:

Electron

A subatomic particle with a negative charge, orbiting the nucleus of an atom and involved in chemical bonds and electricity.

S Orbital

A type of atomic orbital that is spherical in shape, representing the probability distribution of an electron.

Shape

The external form, contours, or outline of an object or figure, often influencing its functionality and perceived aesthetics.

P Orbital

A type of atomic orbital that has a dumbbell shape and can accommodate up to two electrons, significant for its directional properties in bonding.