The Most Commonly Used Pricing Method for Business Products Is

question 8

Multiple Choice

The most commonly used pricing method for business products is

• A) target return on investment.
• B) customary.
• C) standard markup.
• D) target profit.
• E) cost-plus pricing.

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Definitions:

Methane

The simplest alkane, a colorless, odorless gas (CH4), that is the main component of natural gas and a potent greenhouse gas.

Transition State

A high-energy state during a chemical reaction that represents the point of highest energy through which reactants must pass before forming products.

Resonance Stabilized Radical

A radical species whose stability is enhanced by the distribution of its unpaired electron over multiple atoms via resonance.

1-Butene

A simple aliphatic hydrocarbon with the formula C4H8, classified as an alkene due to the presence of a double bond between carbon atoms.