_____ Is a Practical Approach to Pricing When a Company

question 86

Multiple Choice

_____ is a practical approach to pricing when a company has high fixed costs and unused production capacity.

• A) Full-cost pricing
• B) Cost-plus pricing
• C) Marginal-cost pricing
• D) Demand-based pricing
• E) Premium pricing

---

Definitions:

Oil Shale

Sedimentary rock containing organic matter that can be converted into shale oil through heating; a potential but controversial energy resource.

Oil and Gas

Natural hydrocarbon resources extracted from the Earth, used primarily for energy, heating, and in various industrial applications.

Coal

A black or brownish-black sedimentary rock that is formed from compressed organic matter and used as a fuel.

Rites of Enhancement

Traditional or ceremonial acts that improve or elevate the status of individuals within a community or organization.