All of the Following Are Disadvantages of Cost-Plus Pricing Except

question 44

Multiple Choice

All of the following are disadvantages of cost-plus pricing except

• A)it ignores the price elasticity of demand: for example, it may be possible to increase profits by raising or lowering price.
• B)if the industry comprises identical firms (with identical costs), markups could be consistent among firms leading to no one firm having a competitive edge in terms of price.
• C)allocating and apportioning business overheads to individual products could be somewhat arbitrary.
• D)the business has less incentive to cut or control costs: if costs increase, then selling prices increase. Consequently, this might further erode a firm's competitiveness.

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South

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An amendment to the U.S. Constitution ratified in 1870, granting African American men the right to vote by stating that the right to vote cannot be denied based on "race, color, or previous condition of servitude."

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Women's suffrage is the right of women to vote in elections, a milestone achievement in the feminist movement achieved at different times globally through sustained advocacy and activism.