Which of the Following Pricing Techniques Results in the Manufacturers

question 257

Multiple Choice

Which of the following pricing techniques results in the manufacturers deliberately adjusting the composition and features of a product to achieve the desired price for consumers?

• A)cost-plus percentage-of-cost pricing
• B)standard markup pricing
• C)cost-plus fixed-fee pricing
• D)experience curve pricing
• E)target pricing

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Definitions:

Unconscious Level

Refers to the part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions.

Pheromone

A chemical substance produced and released into the environment by an animal, especially an insect, affecting the behavior or physiology of others of its species.

Social Behavior

Actions conducted by individuals that are influenced by or aimed at other members of the same species, often referring to human interactions.

Chemical

A substance with a distinct molecular composition that is produced by or used in a chemical process.