Which of the Following Is an Example of an Informal

question 37

Multiple Choice

Which of the following is an example of an informal sanction?

• A)probation
• B)loss of respect of family
• C)imprisonment
• D)paying fines

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Definitions:

Experience-curve Pricing

A pricing strategy based on the concept that costs decline and efficiency improves over time with accumulated production experience.

Experience-curve Pricing

A pricing strategy based on the idea that costs per unit decrease with increasing scale of production due to gained efficiencies and experience.

Cost-plus-percentage-of-cost Pricing

A pricing strategy where the selling price is determined by adding a specific percentage of profit margin to the total cost of the product or service.

Target Profit Pricing

is a pricing strategy where the price is set based on a desired profit margin added to the cost of the product.