Which of the Following Pricing Techniques Results in the Manufacturers

question 311

Multiple Choice

Which of the following pricing techniques results in the 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:

Child Support Payment

Payments made by a noncustodial parent to support their child or children's living expenses.

Provisional Income

Income that is not guaranteed or fixed, often used in reference to determining the taxability of certain benefits such as Social Security.

Social Security

A federal program in the United States that provides retirement, disability, and survivors benefits to eligible individuals.

Married, Filing Jointly

A tax filing status available to married couples that allows them to file one tax return jointly, combining their incomes and deductions.