The Practice of a Firm Taking Its Cost and Attaching

question 49

Multiple Choice

The practice of a firm taking its cost and attaching a certain margin to arrive at the final price is known as

• A) cost-plus pricing.
• B) target costing.
• C) value-based pricing.
• D) price skimming.
• E) price penetration.

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Definitions:

Secondary Reinforcer

A stimulus that gains its reinforcing capability through its association with a primary reinforcer, such as money or praise.

Disequilibrium Principle

A concept in learning and education suggesting that learning occurs when an individual encounters cognitive conflict or disequilibrium, prompting adaptation and new learning to restore balance.

High-Frequency Behavior

Behavior that occurs at a high rate or with great frequency, often requiring intervention or modification in behavioral studies.

Low-Frequency Behavior

Actions or responses that occur relatively infrequently within a given dataset or behavioral assessment.