Examlex
Which of the following types of pricing considers neither what the buyer would be willing to pay for product performance nor the pricing of competitive products in the market?
Time Value of Money
The theory that current money holds more value than equal amounts in the future because of the earnings it could potentially produce.
Specified Point in Time
Refers to a particular moment or exact date that is identified for an event or action to occur.
Payback Period
The period of time required for the return on an investment to "pay back" the sum of the original investment.
Initial Cost
The first total amount of money spent to purchase or invest in a project, product, or asset, not including any subsequent costs.
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