Which of the Following Pricing Methods Determine the Final Price

question 52

Multiple Choice

Which of the following pricing methods determine the final price to charge by starting with the cost, without recognizing the role that consumers or competitors' prices play in the marketplace?

• A)cost-based pricing method
• B)value-based pricing method
• C)competitor-based pricing method
• D)supply-based pricing method
• E)demand-based pricing method

Understand the concept of ageism and its various types.

Analyze and articulate differences and similarities between generations.

Understand the concept of modularity in cognitive processes and identify its characteristics.

Recognize the properties of language, including symbols, arbitrariness, and regularity.

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Definitions:

Assignor

The person who assigns contract rights.

Obligor

The party in a contractual agreement who is bound to provide a payment or performance to the other party, known as the obligee.

Third Party Beneficiary

One for whose benefit a promise is made in a contract but who is not a party to the contract.

Contractual Duty

An obligation created by a contract that requires a party to act or refrain from acting in a certain way.