What Pricing Concept Is Used If All Costs Are Considered

question 139

Multiple Choice

What pricing concept is used if all costs are considered and a fair markup is added to determine the selling price?

• A) total cost concept
• B) demand-based concept
• C) variable cost concept
• D) fixed cost concept

---

Definitions:

Animal-Based Foods

Nutritional sources derived from animals, such as meat, dairy, and eggs, as opposed to plant-based foods.

Vegetable Oils

Oils extracted from seeds, nuts, and fruits of plants, used in cooking, as dietary supplements, and for other purposes.

Body Fat

The portion of the human body that consists of fat tissue, important for energy storage and insulation.

Nutritional Levels

Refers to the concentration and balance of nutrients in the body or in a specific diet.