When a Seller's Costs Are Usually Determined During or After

question 156

Multiple Choice

When a seller's costs are usually determined during or after a product is made and then a specified percentage or dollar amount is added to the cost to establish a price, an organization is using ____ pricing.

• A)markup
• B)demand-based
• C)differential
• D)cost-plus
• E)expensed-based

---

Definitions:

Culture of Violence

A societal pattern that normalizes and glorifies violence as a way to resolve conflicts.

Drug Cartels

Organized criminal groups involved in the production, distribution, and sale of illegal drugs.

Distrust

The feeling of uncertainty or lack of confidence in someone or something.

Violent Tendencies

Refers to patterns of behavior inclined towards aggression or physical harm to others.