Which of the Following Pricing Tools Combines Both the Cost-Oriented

question 251

Multiple Choice

Which of the following pricing tools combines both the cost-oriented price setting approach and the demand-oriented price setting approach?

• A)break-even analysis
• B)average-cost pricing
• C)markup pricing
• D)marginal analysis
• E)price sensitivity

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Definitions:

Desirable Behavior

Behavior that is seen as positive or beneficial within a given context, often encouraged by society or organizations.

Secondary Reinforcer

A stimulus that has become reinforcing by being associated with a primary reinforcer; it indirectly satisfies biological needs.

Neutral Value

A concept or object regarded as being without inherent positive or negative connotations or effects, often seen in a neutral context.

Past Experience

The knowledge and skills acquired through previous events or activities in one's life or career.