Which of the Following Describes an Advantage Associated with Cost-Oriented

question 22

Multiple Choice

Which of the following describes an advantage associated with cost-oriented approaches to pricing?

• A) They provide a direct correlation of price to what people will be willing to pay for the product.
• B) They clearly and adequately reflect competition.
• C) They give adequate consideration to both supply and demand factors.
• D) They are very simple to use and generally yield a good price decision.

---

Definitions:

Narthex

The entrance or lobby area, typically located at the west end of an early Christian or medieval church, used for gathering before services.

Atrium

The central reception room of a Roman domus that is partly open to the sky. Also, the open, colonnaded court in front of and attached to a Christian basilica.

Bema

is a raised platform within a church or synagogue, used primarily for readings and sermons, highlighting its importance in religious ceremonies.

Nave

The central area of an ancient Roman basilica or of a church, demarcated from aisles by piers or columns.