Which of the Following Represents the Cost-Plus Pricing Formula

question 37

Multiple Choice

Which of the following represents the cost-plus pricing formula?

• A)Price = Cost ÷ Markup percentage.
• B)Price = Cost + (Markup percentage x Cost).
• C)Price = Cost + Markup percentage.
• D)Price = Cost + (Markup percentage + Cost).
• E)Price = Markup percentage x Cost.

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Definitions:

Naturalistic Observation

A research method in which subjects are observed in their natural environment without any manipulation by the observer.

American Psychiatric Association

A professional organization of psychiatrists dedicated to the diagnosis, treatment, prevention, and research of mental illnesses.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a publication by the American Psychiatric Association that classifies and provides criteria for the diagnosis of mental disorders.

Observer Bias

The tendency for observers to see what they expect to see, or to interpret data in a way that reflects their own preconceptions.