Which of the Following Pricing Techniques Is the Result of Manufacturers

question 117

Multiple Choice

Which of the following pricing techniques is the result of manufacturers deliberately adjusting the composition and features of a product to achieve the target price to 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:

Charities

Organizations dedicated to furthering a particular social cause or advocating for a shared point of interest, typically operating on a non-profit basis.

Negative Externalities

Unintended and uncompensated costs imposed by one party’s actions on others not involved in the action, often leading to market failure.

Market Failure

A scenario in which the distribution of goods and services through an unregulated market leads to inefficiency, frequently resulting in a decrease in overall societal well-being.

Government Policies

Strategies and actions taken by a government to govern, direct, or regulate a community, country, or economy.