A Method of Pricing That Is Commonly Used by an Oligopoly

question 18

Multiple Choice

A method of pricing that is commonly used by an oligopoly is called:

• A) marginal cost pricing
• B) cost- plus pricing
• C) benchmark pricing
• D) common pricing

---

Definitions:

Direct Approach

A communication style where the main point or message is presented at the beginning, followed by supporting details.

Bad News

Information or notifications that are unwelcome, disappointing, or detrimental to the recipient.

Reader Shock

The surprise or emotional impact experienced by readers upon encountering unexpected information or events in a text.

Direct Approach

A communication technique where the main point or important information is presented at the beginning of the message.